Barclays pretax profit jumps 12% in third quarter, launches £500m buyback
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Barclays said Thursday that third-quarter profit before tax rose 12% to £2.3 billion, roughly in line with analyst estimates, and announced a new share buyback of up to £500 million. Still guessing which stocks will beat the market? Our AI portfolio updates…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishProfit in line with estimates and a new 500 million buyback support the shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Pretax profit rose 12% to 2.3 billion pounds, roughly in line with estimates.
- 02A buyback of up to 500 million pounds was announced.
- 03Earnings per share rose 18% to 12.3 pence.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets