Index

Topic No. 1 2 3 4 5 6 7 8 9 Topic Acknowledgement Introduction Features of Equity Shares Barclays Bank Share Prices of Barclays Bank Announcement from Barclays Bank Dividend Payment History Conclusion References Page Number 2 3 4 5 6 8 9 11 12

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.

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

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, preference dividend, if any. Usually, a part of the residual income is distributed in the form of dividend to the shareholders and other part called retained earnings is reinvested in the business. Retained earnings are ultimately benefit the shareholders in the form of firm's enhanced value and earning power and ultimately increase dividend and capital gain of the shareholders. Thus, dividends benefit the shareholders in the form of immediate cash flows whereas the 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, the equity shareholders generally remains unpaid

(iii) Right to Control:

Right to control here means the power to take decisions, frame major policies and power to appoint directors. Equity shareholders have the legal power to elect directors on the board and also to replace them if the board fails to protect interest of the shareholders.

(iv)Voting Rights:
Each equity share carries one vote. Directors are elected in the annual general meeting by the majority votes. Thus, every shareholder can participate in the vital 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 the amount of investment in his respective share. If his shares are fully paid up, he doesn't have to contribute anything in the event of financial stress or winding up of 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

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.

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 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. As on 20th February 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 18/02/2013 15/02/2013 14/02/2013 13/02/2013 12/02/2013 11/02/2013 08/02/2013 07/02/2013 06/02/2013 05/02/2013 04/02/2013 01/02/2013 31/01/2013 30/01/2013 29/01/2013 28/01/2013 25/01/2013 24/01/2013 23/01/2013 22/01/2013 21/01/2013 18/01/2013 17/01/2013 16/01/2013 15/01/2013 14/01/2013 11/01/2013 10/01/2013 09/01/2013 08/01/2013 07/01/2013 04/01/2013 03/01/2013 02/01/2013 Barclays plc Close Volume Open High Low 320.20 39219326 321.30 322.02 318.56 321.25 67685516 319.20 323.76 316.00 319.00 53208168 326.00 327.53 317.20 326.00 77160569 330.00 330.56 325.00 327.35 140519038 301.90 329.20 301.00 301.50 43581438 298.10 303.95 298.00 298.60 35427179 294.00 300.47 293.10 292.50 54453418 294.55 298.41 291.20 295.45 26256496 295.25 299.25 291.00 295.25 35866127 290.00 296.91 288.32 291.50 65874988 299.00 300.04 290.40 300.00 50209534 301.00 305.80 297.73 301.00 63768468 302.00 303.95 294.60 302.00 35750831 300.30 304.55 297.59 300.90 50700307 305.00 306.65 297.10 305.85 36988052 300.50 307.66 297.47 300.70 38101520 299.15 303.90 298.05 300.00 39436557 295.00 300.05 294.25 296.00 48292032 296.20 299.90 295.75 296.05 44328414 298.00 300.05 293.94 297.40 23474332 298.70 299.37 294.32 297.00 37779182 296.15 299.90 294.94 296.05 34615587 291.95 298.97 289.05 293.40 45995457 293.95 296.00 287.25 295.40 51591752 298.00 298.69 292.00 298.90 45130787 299.55 301.30 297.90 299.65 61735498 295.90 301.75 295.54 294.60 48036022 293.80 298.79 291.65 294.75 50495208 289.00 298.15 288.80 287.20 49362601 285.60 295.48 282.50 287.20 61062005 281.00 288.46 276.04 276.70 31272394 275.15 278.56 273.50 276.00 28294252 274.65 278.89 272.83 275.60 59162123 272.85 277.08 269.60

From the table it is assumed that, The share price went in an increasing rate from 2nd January to Mid-February of 2013. The Highest rate of share price was recorded on 12th February 2013 as the market 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 1st January 2013 as the market closed on 275.60 pounds per share of Barclays Bank. The Volume of shares recorded was 59,162,123.

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.

Dividend Payment History

Ex-div date
20 Feb 2013

Record date
22 Feb 2013

Payment date
15 Mar 2013

Dividend amount
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)

9 Nov 2011

11 Nov 2011

9 Dec 2011

1p (interim)

10 Aug 2011

12 Aug 2011

9 Sept 2011

1p (interim)

4 May 2011

6 May 2011

10 June 2011

1p (interim)

23 Feb 2011

25 Feb 2011

18 Mar 2011

2.5p (final)

17 Nov 2010

19 Nov 2010

10 Dec 2010

1p (interim)

11 Aug 2010

13 Aug 2010

10 Sept 2010

1p (interim)

12 May 2010

14 May 2010

4 June 2010

1p (interim)

24 Feb 2010

26 Feb 2010

19 Mar 2010

1.5p (final)

18 Nov 2009

20 Nov 2009

11 Dec 2009

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)

15 Aug 2007

17 Aug 2007

1 Oct 2007

11.5p (interim)

7 Mar 2007

9 Mar 2007

27 Apr 2007

20.5p (final)

16 Aug 2006

18 Aug 2006

2 Oct 2006

10.5p (interim)

1 Mar 2006

3 Mar 2006

28 Apr 2006

17.4p (final)

Ex-div date
17 Aug 2005

Record date
19 Aug 2005

Payment date
3 Oct 2005

Dividend amount
9.2p (interim)

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 20th February 2013. The highest Final dividend paid by Barclays Bank was on 25th April 2008 which was 22.5 pounds per share. The highest Interim dividend paid by Barclays Bank was on 1st October 2007 and 2008 which was 11.5 pounds per share. The lowest Final dividend paid by Barclays Bank was on 19th March 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 20th February 2013 Barclays Bank announced that they will pay the final dividend of 3.5 pounds per share on 15th March 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

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