TBC Bank Advances Share Buyback Program

TBC Bank (GB:TBCG) has released an update.

TBC Bank Group PLC has actively bought back 2,512 of its own shares on September 9th, 2024, with individual share prices ranging from 2,855.00 to 2,910.00 pence, as part of its ongoing buyback program announced earlier on May 10th. The bank plans to cancel all the repurchased shares, reflecting a move that could potentially benefit existing shareholders by reducing the number of shares outstanding and possibly increasing the value of remaining shares.

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