TBC Bank (GB:TBCG) has released an update.
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TBC Bank Group PLC has repurchased 2,989 of its ordinary shares, priced between 3,150 and 3,225 pence, as part of its ongoing buyback program. The company plans to cancel these shares, reducing the total number of shares in circulation to 56,359,557. This move is part of the company’s strategy to optimize capital structure and potentially enhance shareholder value.
For further insights into GB:TBCG stock, check out TipRanks’ Stock Analysis page.