Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Paragon Banking Group PLC ( (GB:PAG) ) has provided an update.
Paragon Banking Group PLC has continued to execute its previously announced £50 million share buyback programme, repurchasing 120,000 ordinary £1 shares on 5 March 2026 through Jefferies International at a volume-weighted average price of about 797.71 pence. Following this latest tranche, the bank now holds 7,523,066 shares in treasury and has 189,881,894 ordinary shares in issue, a figure that defines the total voting rights for investors and may influence shareholder disclosures under UK transparency rules.
The buyback activity was spread across multiple trading venues, including the London Stock Exchange, CHI-X, BATS, Aquis and Turquoise, underscoring the company’s use of market liquidity to retire stock efficiently. By reducing the free float and consolidating ownership, the programme may enhance earnings per share and signals ongoing capital management discipline, matters closely watched by equity investors in the UK banking sector.
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 UK-based specialist banking group focused on lending and savings. It provides products including mortgages and loans and is listed on the London Stock Exchange, where its ordinary shares trade and constitute the company’s freely tradable and voting equity capital.
Average Trading Volume: 484,355
Technical Sentiment Signal: Buy
Current Market Cap: £1.52B
Find detailed analytics on PAG stock on TipRanks’ Stock Analysis page.