23 Oct 2025 | 3 Mins Read

Barclays raises outlook, launches $670 million surprise share repurchase

Flipitmoney

Barclays increased its full-year guidance, expecting Return on Tangible Equity of over 11% and net interest income of over £12.6 billion. The bank announced a £500 million share buyback and upgraded its distribution plans. Pre-tax profit for the third quarter was £2.1 billion, slightly below expectations.