Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 613

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 613
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                   3,140 |
| AT1 securities redemption                        |                — |                     — |                     — |                                    — |                  -3,170 |
| Repurchase of shares                             |             -837 |                  -209 |                     — |                                 -209 |                       — |
| Other movements                                  |                — |                     — |                     — |                                    — |                       5 |
| As at 31 December 2023                           |           15,155 |                 3,789 |                   499 |                                4,288 |                  13,259 |

Called up share capital

Called up share capital comprises 14,420m ( 2023 : 15,155m ) ordinary shares of 25 p each.

Share repurchase

At the 2024 AGM on 9 May 202 4, Barclays PLC was authorised to repurchase up to an aggregate of 1,513m of its ordinary shares of

25 p. The authorisation is effective until the AGM in 2025 or the close of business on 30 June 2025, whichever is the earlier. During 2024 ,

818m shares were repurchased with a total nominal value of £ 205m ( 2023 : 837m shares with a nominal value of £ 209m ).

Other equity instruments

Other equity instruments of £ 12,075m ( 2023 : £ 13,259m ) include AT 1 securities issued by Barclays PLC. The AT 1 securities are

perpetual securities with no fixed maturity and are structured to qualify as AT 1 instruments under prevailing capital rules applicable as at

the relevant issue date .

In 2024 , there were two issuances of AT 1 instruments, in the form of Fixed Rate Resetting Perpetual Subordinated Contingent

Convertible Securities, for £ 1,598m ( 2023 : three issuances for £ 3,140m ) which includes issuance costs of £ 6m ( 2023 : £ 10m ). There

were two redemptions in 2024 totalling £ 2,753m ( 2023 : two redemptions totalling £ 3,170m ).

| AT1 equity instruments                                                      |                   |        |        |
|                                                                             |                   |   2024 |   2023 |
|                                                                             | Initial call date |     £m |     £m |
| AT1 equity instruments - Barclays PLC                                       |                   |