By Frank Prenesti
Date: Thursday 28 Aug 2025
LONDON (ShareCast) - (Sharecast News) - Barclays said it had sold its shareholding in Entercard Group to its joint venture partner, Swedbank at book value - estimated to be 2.6 billion Swedish crowns.
Entercard was established as a joint venture in 2005, providing consumer credit to customers across Sweden, Norway, Denmark and Finland.
The sale is expected to release around £0.9bn of risk weighted assets, increasing Barclays' common tier equity ratio by around four basis points. The deal is expected to complete by year-end 2025, after buyer regulatory and competition approvals, the bank said in a statement.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 384.30p |
Change Today | -0.35p |
% Change | -0.09 % |
52 Week High | 385.80 |
52 Week Low | 219.35 |
Volume | 3,954,573 |
Shares Issued | 14,022m |
Market Cap | £53,887m |
RiskGrade | 213 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 6 |
Buy | 8 |
Neutral | 3 |
Sell | 0 |
Strong Sell | 0 |
Total | 17 |
Latest | Previous | |
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Interim | Final | |
Ex-Div | 07-Aug-25 | 27-Feb-25 |
Paid | 16-Sep-25 | 04-Apr-25 |
Amount | 3.00p | 5.50p |
Time | Volume / Share Price |
10:39 | 2 @ 384.35p |
10:39 | 401 @ 384.30p |
10:39 | 478 @ 384.30p |
10:39 | 802 @ 384.30p |
10:38 | 1 @ 384.30p |
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