Final Hard Copy of Barclays Bank

8/13/2019 Final Hard Copy of Barclays Bank

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Acknowledgement

I take this opportunity to express my profound gratitude and deep regards to my

guide Mrs Mildred Pereira Kaki for her exemplary guidance, monitoring and

constant encouragement throughout the course of this Project. The blessing,

help and guidance given by her time to time shall carry me a long way in the

journey of life on which I am about to embark.

I am obliged to my classmates of SYBBI, for the valuable information provided

by them in their respective fields. I am grateful for their cooperation during the

period of my project.

Lastly, I thank almighty, my parents, brother, sisters and friends for their

constant encouragement without which this project would not be possible.


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INTRODUCTION

MEANING OF EQUITY SHARES

An equity share is a perpetual liability because it signifies an owners legal

demand upon the assets of the entity in which the equity share if held.

Businesses procure money for their operations by issuing debt and equity

capital. Companies are legally bound to pay their creditors interest income

along with the original capital amount. There are two forms of equity capital:

Preference (Preferred) Shares and Equity (Common) Shares. The preference

shareholders have priority over equity shareholders in payments of dividends

and when the company is terminated.

Equity shareholders are the actual owners of the company. They have voting

rights and share all the money remaining after the business' obligations are met.

Equity shares are those shares which are ordinary in the course of company's

business. They are also called as ordinary shares. These shareholders do not

enjoy preference regarding payment of dividend and repayment of capital.

Equity shareholders are paid dividend out of the profits made by a company.Higher the profits, higher will be the dividend and lower the profits, lower will

be the dividend.

In terms of investment strategies, equity (stocks) is one of the principal asset

classes. The other two are fixed-income (bonds) and cash/cash-equivalents.

These are used in asset allocation planning to structure a desired risk and return

profile for an investor's portfolio


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FEATURES OF EQUITY SHARES

(i) Right to Income:

As you know, equity shareholders have a claim to the residual income, that is,the income left after paying expenses, interest charges, taxes, preferencedividend, if any. Usually, a part of the residual income is distributed in the formof dividend to the shareholders and other part called retained earnings isreinvested in the business. Retained earnings are ultimately benefit theshareholders in the form of firm's enhanced value and earning power andultimately increase dividend and capital gain of the shareholders. Thus,dividends benefit the shareholders in the form of immediate cash flows whereasthe retained earnings give them benefit in the form of capita] gains but not

immediately.

(ii) Claim on Assets:In case of liquidation of the company, equity shares are the last ones to be paid.They are paid after the claim of debt-holders and preference shareholders have

been satisfied. In case of liquidation due to bad financial state of affairs, theequity shareholders generally remains unpaid

(iii)Right to Control:Right to control here means the power to take decisions, frame major policiesand power to appoint directors. Equity shareholders have the legal power toelect directors on the board and also to replace them if the board fails to protectinterest of the shareholders.

(iv)Voting Rights:Each equity share carries one vote. Directors are elected in the annual generalmeeting by the majority votes. Thus, every shareholder can participate in thevital affair of election of directors and cast his vote depending on the number of

shares held by him. Shareholders are entitled to vote in person or by proxy,

(v) Limited Liability:In a company limited by shares, an equity shareholder's liability is limited to theamount of investment in his respective share. If his shares are fully paid up, hedoesn't have to contribute anything in the event of financial stress or winding upof his company. Whereas in case of a sole-trader concern or a partnership firm,the liability of owner/owners is unlimited which requires them to sell their

personal assets and satisfy the claims of creditors in the event of insolvency of

these firms


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Barclays Bank

Barclays plc. is a British multinational banking and financial services company

headquartered in London, United Kingdom. It has operations in over 50

countries and territories across Africa, Asia, Europe, North America and South

America and around 48 million customers. As of 31 December 2010 it had total

assets of US$2.33 trillion, the fourth-largest of any bank worldwide (after BNP

Paribas, Deutsche Bank and HSBC). Founded in 1690, it is the 6th oldest bank

in the world still in existence.

Barclays is a universal bank and is organised within two business 'clusters':

Corporate and Investment Banking and Wealth and Investment Management;

and Retail and Business Banking. The Corporate and Investment Banking and

Wealth and Investment Management cluster comprises three business units:

Corporate banking; Investment banking; and Wealth and investment

management. The Retail and Business Banking cluster comprises four business

units: Africa Retail and Business Banking; Barclaycard (credit card and loan

provision); Europe Retail and Business Banking; and UK Retail and Business

Banking.

Barclays has a primary listing on the London Stock Exchange and is a

constituent of the FTSE 100 Index. It had a market capitalisation of

approximately 21.8 billion as of 23 December 2011, the 22nd-largest company

of any company with a primary listing on the London Stock Exchange. It has a

secondary listing on the New York Stock Exchange.


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Share Price of Barclays Bank

Called up share capital comprises 12,243 million (2011: 12,199 million)

ordinary shares of 25p each. As at 31 December 2012, there were unexercised

warrants to subscribe for 379.2 million (2011: 379.2 million) new ordinaryshares at a price of 1.97775. The warrants may be exercised at any time up to

close of business on 31 October 2013.

As on 20thFebruary 2013 the Buy price of the share was 321.00 pounds and the

sell price was 320.95 on the stock exchange and the volume of shares were

21,047,792 and the average trade size was 9,571.

The following is the history of the share price of Barclays Bank from January

2013 to February 2013

Date Close Volume Open High Low

18/02/2013 320.20 39219326 321.30 322.02 318.56

15/02/2013 321.25 67685516 319.20 323.76 316.00

14/02/2013 319.00 53208168 326.00 327.53 317.20

13/02/2013 326.00 77160569 330.00 330.56 325.00

12/02/2013 327.35 140519038 301.90 329.20 301.00

11/02/2013 301.50 43581438 298.10 303.95 298.00

08/02/2013 298.60 35427179 294.00 300.47 293.10

07/02/2013 292.50 54453418 294.55 298.41 291.20

06/02/2013 295.45 26256496 295.25 299.25 291.00

05/02/2013 295.25 35866127 290.00 296.91 288.32

04/02/2013 291.50 65874988 299.00 300.04 290.40

01/02/2013 300.00 50209534 301.00 305.80 297.73

31/01/2013 301.00 63768468 302.00 303.95 294.60

30/01/2013 302.00 35750831 300.30 304.55 297.59

29/01/2013 300.90 50700307 305.00 306.65 297.10

28/01/2013 305.85 36988052 300.50 307.66 297.47

25/01/2013 300.70 38101520 299.15 303.90 298.05

24/01/2013 300.00 39436557 295.00 300.05 294.25

23/01/2013 296.00 48292032 296.20 299.90 295.75

22/01/2013 296.05 44328414 298.00 300.05 293.94

21/01/2013 297.40 23474332 298.70 299.37 294.32

18/01/2013 297.00 37779182 296.15 299.90 294.94

17/01/2013 296.05 34615587 291.95 298.97 289.05

16/01/2013 293.40 45995457 293.95 296.00 287.25

15/01/2013 295.40 51591752 298.00 298.69 292.00

14/01/2013 298.90 45130787 299.55 301.30 297.90

11/01/2013 299.65 61735498 295.90 301.75 295.54

10/01/2013 294.60 48036022 293.80 298.79 291.65

09/01/2013 294.75 50495208 289.00 298.15 288.80

08/01/2013 287.20 49362601 285.60 295.48 282.50

07/01/2013 287.20 61062005 281.00 288.46 276.04

04/01/2013 276.70 31272394 275.15 278.56 273.50

03/01/2013 276.00 28294252 274.65 278.89 272.83

02/01/2013 275.60 59162123 272.85 277.08 269.60

Barclays plc


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From the table it is assumed that,

The share price went in an increasing rate from 2ndJanuary to Mid-February of

2013.

The Highest rate of share price was recorded on 12thFebruary 2013 as themarket closed on 327.35 pounds per share of Barclays Bank. The Volume of

shares also recorded the highest till date which was 1, 40,519,038 , But the price

later decreased to 320.20 pounds per share due to less demand in market.

The Lowest rate of share price was on 1stJanuary 2013 as the market closed on

275.60 pounds per share of Barclays Bank. The Volume of shares recorded was

59,162,123.


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Announcement From Barclays Bank about the

share price and share capital

The final dividend for the year ended 31 December 2012 of 3.5p per ordinary

share will be paid on Friday, 15 March 2013 to shareholders holding shares on

the register on Friday, 22 February 2013.

For US and Canadian-resident American Depositary receipt (ADR) holders, the

final dividend of 3.5p per ordinary share will become 14p per ADS (American

Depositary Security - representing four shares). The ADR depositary will post

the dividend on Friday, 15 March 2013 to ADR holders on record on Friday, 22

February 2013.

Share Capital and Warrants

Called up share capital comprises 12,243 million (2011: 12,199 million)

ordinary shares of 25p each.

As at 31 December 2012, there were unexercised warrants to subscribe for

379.2 million (2011: 379.2 million) new ordinary shares at a price of 1.97775.The warrants may be exercised at any time up to close of business on 31

October 2013.


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Dividend Payment H istory

Ex-div date Record date Payment date Dividend amount

20 Feb 2013 22 Feb 2013 15 Mar 2013 3.5p (final)

7 Nov 2012 9 Nov 2012 7 Dec 2012 1p (interim)

8 August 2012 10 August 2012 7 September 2012 1p (interim)

2 May 2012 4 May 2012 8 June 2012 1p (interim)

22 Feb 2012 24 Feb 2012 16 Mar 2012 3p (final)


10 Aug 2011 12 Aug 2011 9 Sept 2011 1p (interim)




11 Aug 2010 13 Aug 2010 10 Sept 2010 1p (interim)




20 Aug 2008 22 Aug 2008 1 Oct 2008 11.5p (interim)

5 Mar 2008 7 Mar 2008 25 Apr 2008 22.5p (final)






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Ex-div date Record date Payment date Dividend amount


23 Feb 2005 25 Feb 2005 29 Apr 2005 15.75p (final)

In the above table it shows the amount of dividends paid to the equity share

holders, the ex-dividend date, the record date and the payment date from 23rd

February 2005 to 20thFebruary 2013.

The highest Final dividend paid by Barclays Bank was on 25thApril 2008 which

was 22.5 pounds per share.

The highest Interim dividend paid by Barclays Bank was on 1stOctober 2007and 2008 which was 11.5 pounds per share.

The lowest Final dividend paid by Barclays Bank was on 19thMarch 2010

which was 1.5 pounds per share.

The lowest Interim dividend paid by Barclays Bank was on various occasions

which was 1 pounds per share.

On 20thFebruary 2013 Barclays Bank announced that they will pay the final

dividend of 3.5 pounds per share on 15thMarch 2013.

Dividends on Ordinary Shares

It is Barclays policy to declare and pay dividends quarterly. A final dividend in

respect of 2012 of 3.5p per ordinary share will be paid on 15 March 2013 to

shareholders on the Share Register on 22 February 2013 and accounted for as a

distribution of retained earnings in the year ending 31


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Conclusion

I hereby conclude that the observation and finding of the Equity Shares of

Barclays Bank gave us knowledge about the History of Barclays Bank,

Dividends and Share price of Barclays Bank.


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References

http://group.barclays.com

http://www.financial-shopper-network.com

http://www.dialabank.com

http://financial-dictionary.thefreedictionary.com
http://group.barclays.com/http://www.financial-shopper-network.com/http://www.dialabank.com/http://www.dialabank.com/http://www.financial-shopper-network.com/http://group.barclays.com/

Final Hard Copy of Barclays Bank

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