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TBC Bank Executes Share Repurchase, Reducing Share Count
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TBC Bank Executes Share Repurchase, Reducing Share Count

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

TBC Bank Group PLC, a financial institution, announced the repurchase of 2,962 of its ordinary shares through Investec Bank at a weighted average price of 3,089.4733 pence per share. The repurchased shares will be canceled, reducing the total number of shares in issue to 56,312,139, which reflects the bank’s ongoing commitment to its buyback program initiated earlier in the year.

More about TBC Bank

YTD Price Performance: 18.68%

Average Trading Volume: 108,113

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.75B

For a thorough assessment of TBCG stock, go to TipRanks’ Stock Analysis page.

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