Suarez endured a disappointing loan at Arsenal in 2018-19, making just four appearances for the Gunners before a groin injury cut his season short.
The 25-year-old has had two spells at Barcelona, first signing for the club in August 2013 before being loaned out to Sevilla a year later.
He made a €4m switch to Villarreal in August 2015 but, less than a year later, Barcelona exercised a buyback option and he enjoyed his best season at Camp Nou in 2016-17, making 26 LaLiga appearances for the Blaugrana.
His opportunities dwindled over the following two seasons and he went to Arsenal in search of first-team football - something he will expect on a regular basis having rejoined his boyhood club for an initial fee of €12.9 million.
A statement on Barcelona’s official website said: “FC Barcelona expressly thanks Denis Suarez for his commitment and dedication and wish him a lot of success in the future.”
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