Paragon Banking Boosts Buyback, Enhances Shareholder Value

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

Paragon Banking Group PLC has repurchased 89,089 of its own shares as part of a £50 million buyback program, with prices ranging from 745.00p to 768.00p per share. The purchase increases the company’s treasury holdings to 3,537,747 shares, while the total number of shares in circulation stands at 207,067,213, impacting shareholder voting rights. This move reflects Paragon’s strategy to return capital to shareholders, potentially enhancing the stock’s appeal in financial markets.

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