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Evening Standard
Evening Standard
Business
Graeme Evans,Daniel O'Boyle and Michael Hunter

FTSE 100 Live 20 February: Barclays plans huge shareholder payouts, IHG profits up, shares steady

Barclays is to return at least £10 billion to shareholders over the next three years as part of plans unveiled by boss C.S. Venkatakrishnan today.

The dividend and buyback pledge came as the banking giant revealed that its profits fell 6% to £6.6 billion last year.

Hotels group IHG has also reported results today, while the focus for US investors will be on the earnings of retailers The Home Depot and Walmart.

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