Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Paragon Banking Group PLC ( (GB:PAG) ) has shared an announcement.
Paragon Banking Group PLC has executed a share buyback program, purchasing 99,000 of its ordinary shares at a volume-weighted average price of 888.4390p. This move is part of a broader £50 million buyback initiative announced earlier in June 2025, and it aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:PAG) stock is a Buy with a £950.00 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 Outperform.
Paragon Banking Group PLC’s stock is well-supported by strong financial performance and attractive valuation. The strategic share buyback program further enhances shareholder value. However, caution is advised due to potential short-term volatility as indicated by technical analysis. Overall, the stock presents an appealing opportunity for value investors.
To see Spark’s full report on GB:PAG stock, click here.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, primarily focusing on banking and lending services. The company is known for its comprehensive range of financial products, including mortgages, loans, and savings accounts, catering to both individual and business clients.
Average Trading Volume: 344,571
Technical Sentiment Signal: Buy
Current Market Cap: £1.84B
For a thorough assessment of PAG stock, go to TipRanks’ Stock Analysis page.