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TBC Bank ( (GB:TBCG) ) has issued an update.
TBC Bank Group PLC has announced the repurchase of 2,986 of its ordinary shares through Investec Bank plc as part of its ongoing share buyback programme, initially announced in May 2024. The purchased shares will be cancelled, reducing the company’s total number of shares in issue to 56,318,101, with none held in treasury. This move is part of the company’s strategy to optimize its capital structure and may have implications for shareholder value and market perception.
More about TBC Bank
YTD Price Performance: 20.79%
Average Trading Volume: 108,235
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.78B
Learn more about TBCG stock on TipRanks’ Stock Analysis page.
