Paragon Banking Group PLC (GB:PAG) has released an update.
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Paragon Banking Group PLC has repurchased 1,772 of its ordinary shares at a price of 793p each as part of a £50 million share buyback program. This move contributes to the total of 4.3 million shares held in treasury, with a voting rights base of over 206 million shares. Such buybacks can influence stock valuations and shareholder interest, making it a notable event for market watchers.
For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.