tiprankstipranks
Company Announcements

Paragon Banking Group Executes Share Buyback as Part of £50 Million Program

Story Highlights
Paragon Banking Group Executes Share Buyback as Part of £50 Million Program

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

Paragon Banking Group PLC has executed a share buyback transaction, purchasing 111,082 of its ordinary shares on the London Stock Exchange as part of a £50 million buyback program announced in December 2024. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting confidence in its financial position and market prospects.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, focusing on banking and lending services. The company is involved in providing a range of financial products, including mortgages, loans, and savings accounts, primarily targeting the UK market.

YTD Price Performance: 5.35%

Average Trading Volume: 494,275

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.5B

See more insights into PAG stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1