TBC Bank (GB:TBCG) has released an update.
TBC Bank Group PLC has repurchased 3,000 of its own ordinary shares at prices ranging from 2,850 to 2,900 pence per share, with a weighted average price of 2,883.13 pence. This move is part of their previously announced buyback programme, and the acquired shares are set to be cancelled. Such buybacks often aim to enhance shareholder value by reducing the number of shares outstanding.
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