tiprankstipranks
Advertisement
Advertisement

Paragon Banking Continues £50m Buyback, Updates Voting Rights

Story Highlights
Paragon Banking Continues £50m Buyback, Updates Voting Rights

Claim 55% Off TipRanks

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

Paragon Banking Group PLC has continued execution of its up to £50 million share buyback programme, repurchasing 70,000 ordinary £1 shares on 23 February 2026 via Jefferies International at a volume-weighted average price of 860.2210 pence. Following this transaction, the bank now holds 6,821,625 shares in treasury and has 190,583,335 ordinary shares in issue, updating the total voting rights that investors should use for regulatory disclosure calculations.

The purchases were executed across multiple trading venues, including the London Stock Exchange, CHI-X, BATE, Aquis and Turquoise, indicating active use of available liquidity pools. The buyback and resulting reduction in free float reinforce Paragon’s ongoing capital management strategy and can be supportive of earnings per share and shareholder returns, while the clarified voting-rights figure provides transparency for investors monitoring their reporting thresholds.

The most recent analyst rating on (GB:PAG) stock is a Buy with a £1050.00 price target. To see the full list of analyst forecasts on Paragon Banking Group PLC stock, see the GB:PAG Stock Forecast page.

Spark’s Take on GB:PAG Stock

According to Spark, TipRanks’ AI Analyst, GB:PAG is a Neutral.

Overall score reflects attractive valuation (low P/E and high dividend yield) and supportive technical positioning above major moving averages. These positives are tempered by financial risks from rising leverage and notable volatility in revenue and cash flow, which reduce confidence in the stability of recent performance.

To see Spark’s full report on GB:PAG stock, click here.

More about Paragon Banking Group PLC

Paragon Banking Group PLC is a U.K.-based specialist banking group focused on lending and savings products, including buy-to-let and specialist mortgages, commercial lending and retail deposits. The group targets both consumer and business customers, with a particular emphasis on landlord and property-related finance in the British market.

Average Trading Volume: 536,215

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.63B

Find detailed analytics on PAG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1