Paragon Banking Group PLC (GB:PAG) has released an update.
Paragon Banking Group PLC has actively engaged in a share buyback program, repurchasing 61,700 of its own shares at prices ranging from 757.50p to 779.50p per share, with an overall volume weighted average price of 767.0627p. Following these transactions, the company now holds over 5.53 million shares in treasury and maintains around 211 million shares in issue, excluding treasury shares. This move is part of a larger £50 million share buyback initiative announced earlier in June 2024.
For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.
