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TBC Bank Repurchases Shares to Enhance Shareholder Value
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TBC Bank Repurchases Shares to Enhance Shareholder Value

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

TBC Bank Group PLC has announced a recent transaction in which it repurchased 3,327 of its ordinary shares through Investec Bank plc, as part of an ongoing buyback program initiated in May 2024. The shares were bought at prices ranging from 2,990 to 3,035 pence, with a weighted average price of 3,013.6264 pence. Following the cancellation of these shares, the total number of ordinary shares in issue will be 56,262,625, with none held in treasury, reflecting a strategic move to enhance shareholder value.

More about TBC Bank

YTD Price Performance: -4.65%

Average Trading Volume: 91,267

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.7B

For detailed information about TBCG stock, go to TipRanks’ Stock Analysis page.

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