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The latest announcement is out from Paragon Banking Group PLC ( (GB:PAG) ).
Paragon Banking Group PLC has announced the repurchase of 82,637 of its ordinary shares at an average price of 693.8904 pence per share as part of its ongoing share buyback program, which totals up to £50 million. This transaction, executed through Peel Hunt LLP, reflects the company’s commitment to enhancing shareholder value and maintaining strategic control over its equity structure, potentially impacting its market positioning and investor relations.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates within the financial services industry, focusing primarily on banking solutions. The company is engaged in providing banking services and financial products, with a particular emphasis on mortgage and loan offerings, catering to both individual and business clients.
YTD Price Performance: -5.85%
Average Trading Volume: 537,683
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.41B
For an in-depth examination of PAG stock, go to TipRanks’ Stock Analysis page.
