An update from Paragon Banking Group PLC ( (GB:PAG) ) is now available.
Paragon Banking Group PLC has announced the repurchase of 107,125 of its ordinary shares as part of a £50 million share buyback program. This move, executed through Peel Hunt LLP, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, which might positively impact the company’s stock price and earnings per share.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, focusing on banking and lending solutions. The company offers a range of products including savings accounts, loans, and mortgage services, primarily targeting the UK market.
YTD Price Performance: 4.65%
Average Trading Volume: 495,917
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.49B
Find detailed analytics on PAG stock on TipRanks’ Stock Analysis page.