Paragon Banking Group PLC ( (GB:PAG) ) has provided an update.
Paragon Banking Group PLC announced the purchase of 111,355 of its own ordinary shares as part of a £50 million share buyback program. This transaction, executed through Peel Hunt LLP on the London Stock Exchange, reflects the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations.
More about Paragon Banking Group PLC
Paragon Banking Group PLC is a financial services company operating in the banking industry. It primarily focuses on providing loans, savings, and investment products, catering to both individual and business clients in the UK market.
YTD Price Performance: 5.98%
Average Trading Volume: 502,778
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.51B
See more insights into PAG stock on TipRanks’ Stock Analysis page.