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TBC Bank ( (GB:TBCG) ) has shared an update.
TBC Bank Group PLC announced a share buyback, acquiring 793 of its ordinary shares at a weighted average price of 3,287.9130 pence, with plans to cancel these shares. This move, part of an ongoing buyback program, will reduce the total shares in issue, potentially increasing shareholder value and demonstrating the company’s confidence in its financial health.
More about TBC Bank
TBC Bank Group PLC is a public limited company based in England and Wales, serving as the parent company of TBC Bank Georgia and TBC Uzbekistan. In Georgia, it leads the financial services market with a significant share of customer loans and deposits. TBC Uzbekistan is recognized as a leading digital banking ecosystem in Central Asia, offering mobile banking and digital payment solutions. The company is listed on the London Stock Exchange and is part of the FTSE 250 Index.
YTD Price Performance: 8.81%
Average Trading Volume: 84,903
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.82B
See more data about TBCG stock on TipRanks’ Stock Analysis page.
