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Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an update.
Paragon Banking Group PLC has executed a share buyback, acquiring 19,916 of its own ordinary shares on the London Stock Exchange as part of a £50 million buyback program announced in December 2024. This transaction underscores the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing the value of remaining shares and consolidating its position in the financial market.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the banking and finance industry, offering a range of financial services including savings accounts, loans, and mortgages. The company primarily focuses on the UK market, providing specialized financial services tailored to the needs of individuals and businesses.
YTD Price Performance: 7.72%
Average Trading Volume: 515,723
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.54B
Learn more about PAG stock on TipRanks’ Stock Analysis page.
