Paragon Banking Continues Aggressive Share Buyback
Company Announcements

Paragon Banking Continues Aggressive Share Buyback

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

Paragon Banking Group PLC has actively pursued its share buyback program by purchasing 52,417 of its ordinary shares at a volume weighted average price of 792.03p per share. This move is part of a larger £50 million buyback initiative announced earlier in June and has resulted in Paragon Banking Group holding over 5 million shares in treasury. Investors and stakeholders are keeping an eye on these buyback activities as they may influence the company’s stock value and reflect the firm’s confidence in its financial health.

For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.

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