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TBC Bank ( (GB:TBCG) ) has shared an update.
TBC Bank Group PLC, a prominent entity in the financial sector, has announced a strategic move to buy back its own shares as part of its ongoing stock buyback programme. The company purchased 2,852 ordinary shares at prices ranging from 3,110 to 3,150 pence each and intends to cancel these shares, reducing the total number of shares in issue to 56,279,108. This transaction is expected to bolster the company’s stock value and optimize capital structure, reflecting a commitment to enhancing shareholder value.
More about TBC Bank
YTD Price Performance: -0.32%
Average Trading Volume: 99,382
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.75B
See more insights into TBCG stock on TipRanks’ Stock Analysis page.
