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TBC Bank Executes Share Buyback to Optimize Capital Structure
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TBC Bank Executes Share Buyback to Optimize Capital Structure

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TBC Bank ( (GB:TBCG) ) has provided an announcement.

TBC Bank Group PLC has completed a buyback of 3,000 ordinary shares through Investec Bank plc as part of its previously announced share buyback program. The shares were purchased at a weighted average price of 3,080.54 pence and will be canceled, reducing the total number of shares in issue to 56,297,867. This move is part of the company’s strategy to optimize its capital structure and possibly improve shareholder value.

More about TBC Bank

TBC Bank Group PLC operates in the financial services industry, focusing primarily on banking services including retail and corporate banking. The company is based in Georgia and is publicly traded, providing a range of financial products and services.

YTD Price Performance: 18.49%

Average Trading Volume: 102,322

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.74B

See more data about TBCG stock on TipRanks’ Stock Analysis page.

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