Paragon Banking Executes Share Buyback Strategy
Company Announcements

Paragon Banking Executes Share Buyback Strategy

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

Paragon Banking Group PLC has actively purchased 57,773 of its own shares as part of a £50 million buyback program initiated earlier this year. The shares were acquired through Jefferies International Limited at prices ranging from 798.50p to 819.50p, with an overall volume-weighted average price of 806.3670p per share. Following this transaction, Paragon now holds 5,414,050 shares in treasury and has 211,190,910 ordinary shares in issue, excluding those held in treasury.

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

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