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They have bought some debt. It could be good debt or bad debt. The latter is rarely worth 10P in the pound.

Could go either way.

No pre-market RNS detailing buy backs. Seems there may have been none yesterday despite the share price rise.

Did see one at 5.15 PM yesterday titled "Publication of Final Terms." Can anyone throw some light on this ?

Another good day for BARC. It seems there are factors in play in addition to buy backs. Those have been at a rather modest rate of 3 million plus a little shares per day, costing around £6M, meaning £500M will last for many days yet.

As Mr. A observed, BARC are presently without bad news and the market is otherwise quiet and unmoving. While it would be unrealistic to expect my BARC losses to be eliminated in the current run, they could just be pushed into third place after HMV and Northern Rock.

A good performance yesterday, maybe it was the start of good and sustained run. Yesterday's rise began as New York opened where it improved slightly after London closed. With no repurchases in the US market, might this imply the buy back programme has so far had little influence on share price?

This far, buy backs would seem to have accounted for about 10% of daily trades in London, at which rate might continue for a further 2 months unless the share price increases. The previous buy back had a ceiling of 190p allowing twice to sell a large part of my holdings and swiftly repurchased for less and been thinking of doing similar again. Now I'm having second thoughts of this tactic.

I've no intention to again buy more BARC in a rising market, that previously mostly got me into trouble, so intend to just hold, take this dividend and reassess matters as the buy back proceeds. Then, when more normal conditions might return and with good direction, this might just return my investment.

. As in the past that mostly led to additional losses, I was initially intending to repeat my sell off/buy back

A start, just over half the new shares issued sine the end of the previous buy-back have been purchased. Another day similar to yesterday will have the numbers back to where we were in April.

It someone told me 13 years ago their fair value would be £4, I'd likely not have bought them for £6. When investors are convinced Barclays have a policy to reward shareholders, share value will then increase, not before.

Well, we aren't out of the woods yet.
FTSE is more than 6% down from what it was at the beginning of last year, while BARC is at nearly the same price with a penny dividend.
There's been a 1% share buyback that did enhance the price while it was happening, but that was more than offset by a 6% selloff by Bramson.
Currently the price is in the doldrums for no good reason of which I've read, so feel small shareholders are presently corralled by institutions and other big investors until they decide BARC is a better immediate investment than others. When that will be I don't know, but had I not earlier sold the BARC bought at the bottom of the market for other (better) shares, I'd be inclined to sell them now.
Meanwhile BARC will remain my biggest mid/long term hold, and as ever keeping fingers crossed.

Hi Bald_eagle, I meant exactly that.

Started trading in smaller banks almost 20 years ago, initially Bradford and Bingley, Alliance and Leicester, Northern Rock and Lloyds TSB with decent profits. Moved that funding to BARC for their dividends while winding up and selling my business, which coincided with the 2008 crash. I sold most BARC shares and took the loss, setting that partially against the capital gain from the business sale. In 2009 I resumed trading in BARC, increasing holdings as the share price recovered until 2014 when they seemed to be again in decline. I believe that decline continued until January 2020, when the share price was similar to that today.

I expected the share price to rise during the buybacks and fall afterwards so determined to sell most of my holdings at the peak and buy them back when the price fell, but luckily got two chances with the fat finger event. However I was surprised and wrong footed when the price initially rose after the buyback ended, which was then flattened by Bramson's sell-off.

All in all I now have confidence in BARC and think they will continue to perform for the remainder of this year and do expect they will likely come out top of all my recent and anticipated dealings. Of course, my record with BARC hasn't been great and to come out smiling I need the share price to double, and that I don't expect.

There are reasons to be confident that BARC share performance will improve in the coming months, but maybe not just yet. It isn't yet a month since the news that Bramson had dumped his 6% holding at an average of 1.86 , so I think that will be the ceiling for a little while yet, wherever that holding currently is.

During the buybacks the price reached 1.90 and did so again afterwards and until the sell-off, so there was reason in the market then for that price. Meanwhile there is some volatility, but no obvious reason for any sudden correction and I'm expecting my Barclays holdings to be my best performer this year, for a change.

Might be a late uplift to prices as the DOW got off to a good start this afternoon.

Yes Mr A. but will Barclays?

In 3 years from today they have paid 4p dividend, having bought some of my holdings at more than £6. in 2013/14 there was a rights issue at 185p and even if all dividends since are added, holders are still out of pocket.

I'm sure they can pay more and even though most of their business has stagnated, it's mostly been that way while the books were balanced by increasing shareholder numbers. The recent buy-back was trivial in comparison to earlier proliferations.

Without a vastly bigger return for shareholders, there will be no prolonged demand for BARC and they will continue to decline in value as they have for most of the last 10 years.. A doubling in price is needed for me to break even and I've given up buying in price dips, instead have sold on peaks and buy back in dips to reduce my loss. Let's hope the board will become as concerned about the company's worth as shareholders are.

Since the recovery after Deepwater Horizon was established, more or less 10 years.
Very good return from dividends, so just did occasional top-up until pausing 2 years ago as the share price fell. Doubled holding a year ago, though still a little down on those. Believe they are a good investment in the medium term, so no immediate plans to swap horses. The income is still decent in todays world of low interest rates.

Good start in New York. Could be a much better day for a change.

BasilHope - Cash? Yes, mostly cash to minimise risk while returns were good enough to pay the bills, but that's coming to an end with current interest rates. I've got a lump ready should there be a large fall, just want to find a way to break even on BARC which has for the better part of 20 years had a habit of slapping me in the face each time it would seem to be full of promise.

Well, just wish I'd had the courage to dive in today, even if it only paid for a Mac. I'm a long time looser with BARC and most time my toe goes in , the price falls and to become deeper in the mire. Changed strategy selling three quarters of holdings at high points to buy back when price dropped. Bought back too early as it has transpired. Just wondering about newer strategy.

Indeed it was. What does it say about the previous two days trade?

Fat Finger or Micro Flash, the DOW and FTSE are currently fairly close to where they were Thursday close when BARC are down 10%.

In 2021 there have been 6 days when share trades have exceeded 100 million. 3 were on the first days of buybacks and the largest was last Friday when the opening price was down almost 10 pence on the previous close.

Not sure there was fat finger event. Now below 170.

The share price probably has further to run, but I also pulled out this morning as it started falling back towards 220 having read the piece on Aldi. Went to the local SBRY branch soon after, where they desperately need to up their act, even though they are in process of a revamp. I can spend twice as much money in half the time at Aldi or Lidl as compared to Sainsbury. Good luck and if the price does fall back, I'll return.

The board have confirmed the 73 pence offer and recommend acceptance. It's on Northern Food's website.