Paragon Banking Group PLC (GB:PAG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Paragon Banking Group PLC has repurchased 108,349 of its ordinary shares as part of a £50 million share buyback program, paying a volume-weighted average price of 692.3604 pence per share. This transaction increases the company’s treasury shares to 4,293,105, while the total shares in issue stand at 206,311,855. The buyback is a strategic move to enhance shareholder value by reducing the number of shares in circulation.
For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.
