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Paragon Banking Group Enhances Shareholder Value with Share Buyback
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Paragon Banking Group Enhances Shareholder Value with Share Buyback

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

Paragon Banking Group PLC has announced the repurchase of 84,921 of its ordinary shares as part of a £50 million share buyback program. This transaction, executed through Jefferies International Limited, highlights the company’s strategic initiative to enhance shareholder value. Following this purchase, the company holds a substantial number of shares in treasury, impacting the total voting rights for shareholders.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates within the financial industry, focusing on banking services. Its primary services include savings and loans, catering to a broad market with a particular emphasis on specialist lending.

YTD Price Performance: 19.19%

Average Trading Volume: 506,393

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.59B

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

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