An update from TBC Bank ( (GB:TBCG) ) is now available.
TBC Bank Group PLC has announced the purchase of 3,606 of its ordinary shares through Investec Bank plc at prices ranging from 3,135.00 to 3,185.00 pence per share, with a weighted average price of 3,159.4592 pence. These shares will be canceled, leaving a total of 56,235,661 shares in circulation. This move is part of the company’s buyback programme initiated in May 2024, which aims to reduce the number of shares in issue and potentially enhance shareholder value.
More about TBC Bank
YTD Price Performance: 0.0%
Average Trading Volume: 95,442
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.75B
Learn more about TBCG stock on TipRanks’ Stock Analysis page.