|Bid||7.06 x 38800|
|Ask||7.11 x 38500|
|Day's range||7.06 - 7.20|
|52-week range||6.23 - 9.44|
|Beta (5Y monthly)||1.36|
|PE ratio (TTM)||4.13|
|Forward dividend & yield||0.38 (5.41%)|
|Ex-dividend date||10 Aug 2023|
|1y target est||7.31|
Barclays' (BCS) largest shareholder, Qatar, sells almost half of its stake in the British bank, adding pressure on CEO, months before he discloses a new strategy to boost performance.
Citigroup and Bank of America were left holding some shares in Barclays after they could not identify enough demand for a 510 million pound ($642 million) stake sold by Qatar Holding, people familiar with the matter told Reuters. The two bookrunners on the block trade set out on Monday to sell a 2.3% stake in the bank in a move by Qatar to cut back on its crisis-era investment in Britain's Barclays, which is struggling to reinvigorate its share price. Barclays, BofA and Citigroup declined to comment.
The European Commission is set to recommend postponing a controversial tariff on electric cars traded between the UK and Europe by three years, according to a Bloomberg report.