9 months ago
55 Barclays slope reported 2nd 4th net Thursday.
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Barclays reported a nett income of £1.3 cardinal ($1.68 billion) for the 2nd quarter, successful enactment with expectations.
Analysts were expecting a nett income of £1.4 cardinal for the quarter, according to Refinitiv. The slope antecedently reported a nett net of £1.78 cardinal successful the archetypal 4th of the year.
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C. S. Venkatakrishnan, radical main executive, said successful a statement: "We person positioned Barclays cautiously for this mixed macroeconomic situation and delivered a accordant show successful the 2nd quarter."
"Looking guardant we are precise assured of gathering our targets for the afloat year," helium added.
The Barclays squad besides announced plans for a stock buyback of up to £750 million.
Barclays shares are up by astir 1.5% twelvemonth to date.
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