Paragon Banking Group PLC ( (GB:PAG) ) has issued an update.
Paragon Banking Group PLC has executed a share buyback program, purchasing 107,442 of its ordinary shares on the London Stock Exchange through Peel Hunt LLP. This transaction is part of a previously announced buyback initiative of up to £50 million, aimed at enhancing shareholder value by reducing the number of shares in circulation, thus potentially increasing the value of remaining shares.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, focusing on banking solutions. The company provides a range of financial products and services, including loans, savings accounts, and mortgages, with a market focus on personal and commercial banking.
YTD Price Performance: 5.35%
Average Trading Volume: 500,098
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.5B
See more data about PAG stock on TipRanks’ Stock Analysis page.