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Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an update.
Paragon Banking Group PLC has executed a share buyback program, acquiring 109,000 of its ordinary shares at an average price of 873.2903 pence per share. This transaction 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 increasing earnings per share. The company now holds 2,375,416 shares in treasury, with 195,029,544 shares remaining in issue, which represents the total voting rights for shareholders.
The most recent analyst rating on (GB:PAG) stock is a Hold with a £10.15 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, focusing on banking and lending services. The company is involved in a variety of financial activities, including mortgage lending, savings accounts, and other banking services, primarily serving the UK market.
Average Trading Volume: 377,097
Technical Sentiment Signal: Buy
Current Market Cap: £1.65B
See more data about PAG stock on TipRanks’ Stock Analysis page.