Paragon Banking Advances Share Buyback Plan

Paragon Banking Group PLC (GB:PAG) has released an update.

Paragon Banking Group PLC has actively continued its share buyback program, purchasing 92,004 of its ordinary shares at prices ranging from 763.50p to 771.50p each, as part of a £50 million initiative announced earlier this year. This recent transaction has increased the company’s treasury shares to 3,056,123, while the total ordinary shares in issue now stand at 207,548,837. These moves are part of Paragon Banking Group’s strategy to manage its capital effectively and provide value to its shareholders.

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