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

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

An announcement from Paragon Banking Group PLC ( (GB:PAG) ) is now available.

Paragon Banking Group PLC has executed a share buyback program, purchasing 102,196 of its ordinary shares on the London Stock Exchange through Peel Hunt LLP. This transaction is part of a larger £50 million buyback initiative announced in December 2024, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, primarily focusing on banking and lending services. The company is involved in providing savings and loan products, and it is listed on the London Stock Exchange.

YTD Price Performance: 5.35%

Average Trading Volume: 500,098

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.5B

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

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