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Paragon Banking Group PLC ( (GB:PAG) ) has issued an update.
Paragon Banking Group PLC has executed a share buyback program, purchasing 55,000 of its ordinary shares at a volume-weighted average price of 914.7778 pence per share. This move is part of a larger £50 million buyback initiative announced earlier in June 2025. The buyback is expected to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share. The company now holds over 8.4 million shares in treasury, with a total of 195,941,544 ordinary shares in issue, which may influence shareholder voting rights and interest notifications under regulatory guidelines.
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 involved in providing savings and loan products, catering to various market segments including personal and commercial banking.
Average Trading Volume: 343,235
Technical Sentiment Signal: Buy
Current Market Cap: £1.77B
Learn more about PAG stock on TipRanks’ Stock Analysis page.