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TBC Bank ( (GB:TBCG) ) just unveiled an update.
TBC Bank Group PLC has executed a share buyback, purchasing 2,839 of its ordinary shares through Investec Bank plc at prices ranging from 3,035.00 to 3,110.00 pence per share. The company plans to cancel these shares, reducing its total number of shares in issue to 56,290,660, which may enhance shareholder value by increasing the ownership stake of each remaining share.
More about TBC Bank
TBC Bank Group PLC is a public limited company registered in England and Wales, serving as the parent company of TBC Bank Georgia. Its mission is to simplify lives by offering digitally-led financial services to both retail and corporate customers.
YTD Price Performance: 16.96%
Average Trading Volume: 100,822
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.72B
Learn more about TBCG stock on TipRanks’ Stock Analysis page.
