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Paragon Banking Advances Share Buyback Program

Paragon Banking Advances Share Buyback Program

Paragon Banking Group PLC (GB:PAG) has released an update.

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Paragon Banking Group PLC has actively purchased 59,258 of its own ordinary shares at prices ranging from 745.50p to 770.00p per share, averaging at 760.2981p, as part of its £50 million share buyback program announced earlier this year. These transactions have increased the company’s treasury shares to 922,374 while the total ordinary shares in issue stand at 209,682,586, excluding those held in treasury. This buyback initiative is part of the company’s effort to manage its capital effectively and deliver value to its shareholders.

For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.

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