Paragon Banking Group Advances £50m Share Buyback Program

Paragon Banking Group PLC ( (GB:PAG) ) has issued an announcement.

Paragon Banking Group PLC has executed a share buyback program, purchasing 31,877 ordinary shares at prices ranging from 709.00p to 723.00p per share. This move is part of a larger £50 million buyback initiative announced in December 2024, aimed at enhancing shareholder value and optimizing the company’s capital structure.

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 offering a range of financial products, including savings accounts, loans, and mortgages, primarily targeting individual consumers and businesses in the UK market.

YTD Price Performance: -1.48%

Average Trading Volume: 503,109

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.4B

For detailed information about PAG stock, go to TipRanks’ Stock Analysis page.