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Barclays to Return $12 6 Billion to Shareholders, Reorganize Divisions -- 2nd Update

By Elena Vardon and Ian Walker Barclays plans to return at least 10 billion pounds to shareholders between 2024 and 2026 and reorganize the business as part of its long-awaited strategy.

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Barclays launches £2bn cost-cutting drive after drop in profits – business live

Barclays shares jump as it announces cost-cutting drive to boost returns, shakes up its operations and aims to return £10bn to shareholders over the next three years

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Barclays jumps 6% after announcing major strategic overhaul

Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul.

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Barclays to Return $12 6 Billion to Shareholders, Reorganize Divisions — 2nd Update

Barclays to Return $12 6 Billion to Shareholders, Reorganize Divisions — 2nd Update
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Barclays unveils massive overhaul as profits fall 6%

Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.

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