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Paragon Banking Group Advances £50 Million Share Buyback Program

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Paragon Banking Group Advances £50 Million Share Buyback Program

Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an announcement.

Paragon Banking Group PLC has executed a share buyback program, purchasing 95,131 ordinary shares on the London Stock Exchange at a volume-weighted average price of 754.1714p per share. This move is part of a larger £50 million buyback initiative announced in December 2024, aimed at consolidating the company’s share capital and potentially enhancing shareholder value.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, focusing on providing banking and lending services. The company is involved in various financial activities, including offering savings accounts, loans, and mortgages, primarily targeting the UK market.

YTD Price Performance: 3.40%

Average Trading Volume: 486,648

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.46B

See more data about PAG stock on TipRanks’ Stock Analysis page.

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