Paragon Banking Group PLC (GB:PAG) has released an update.
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Paragon Banking Group PLC has actively engaged in a share buyback program, acquiring 63,559 of its ordinary shares at prices ranging from 763.50p to 775.00p each, with an average price of 770.0620p per share. After this transaction, the company’s treasury now holds 985,933 shares, while the total number of shares in issue sits at 209,619,027. This buyback initiative, which is part of a larger £50 million program announced earlier in June, may influence the company’s stock market presence and shareholder value.
For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.