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Paragon Banking Group Executes Share Buyback

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Paragon Banking Group Executes Share Buyback

The latest update is out from Paragon Banking Group PLC ( (GB:PAG) ).

Paragon Banking Group PLC has executed a share buyback by purchasing 90,882 of its ordinary shares on the London Stock Exchange, as part of a £50 million buyback program announced in December 2024. This move, facilitated by Peel Hunt LLP, is intended to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, offering various banking solutions, including savings accounts, loans, and mortgages. The company primarily focuses on the UK market and caters to individual and business customers.

YTD Price Performance: 5.04%

Average Trading Volume: 563,929

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.56B

For an in-depth examination of PAG stock, go to TipRanks’ Stock Analysis page.

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