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An update from TBC Bank ( (GB:TBCG) ) is now available.
TBC Bank Group PLC has executed a share buyback, purchasing 2,822 of its ordinary shares at a weighted average price of 3,101.7682 pence per share. The bank plans to cancel these shares, which will reduce the total number of shares in issue to 56,309,317. This move is part of a previously announced buyback program, indicating a strategic effort to enhance shareholder value and optimize capital structure.
More about TBC Bank
YTD Price Performance: 18.30%
Average Trading Volume: 107,979
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.74B
See more insights into TBCG stock on TipRanks’ Stock Analysis page.