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Paragon Banking Group PLC ( (GB:PAG) ) has provided an update.
Paragon Banking Group PLC announced the purchase of 40,750 of its own ordinary shares as part of a £50 million share buyback program. This move is expected to enhance shareholder value by reducing the number of shares in circulation, thus potentially increasing earnings per share and signaling confidence in the company’s financial health.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial industry, primarily focusing on banking services. The company is involved in providing loans, savings, and investment solutions within the UK market.
YTD Price Performance: 0.54%
Average Trading Volume: 538,449
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.5B
Find detailed analytics on PAG stock on TipRanks’ Stock Analysis page.
