TBC Bank Executes Share Buyback Program

TBC Bank (GB:TBCG) has released an update.

TBC Bank Group PLC has announced the repurchase of 3,000 of its own ordinary shares at prices ranging from 2,930 to 3,080 pence per share, with a weighted average price of 3,036.90 pence. This buyback is part of a previously announced program aimed at reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares. Following the cancellation of these shares, the company will have a total of 56,344,976 shares in issue.

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