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Paragon Banking Group Advances £50m Buyback With New Share Purchases

Story Highlights
  • Paragon Banking Group repurchased 69,846 shares under its £50m buyback, averaging about 858p each.
  • The bank now holds 6.47m treasury shares, leaving 190.9m voting shares in issue for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paragon Banking Group Advances £50m Buyback With New Share Purchases

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An update from Paragon Banking Group PLC ( (GB:PAG) ) is now available.

Paragon Banking Group PLC has continued executing its previously announced £50 million share buyback programme, repurchasing 69,846 ordinary £1 shares on 16 February 2026 via Jefferies International at a volume-weighted average price of about 858.4 pence. The purchases were spread across multiple venues, including the London Stock Exchange, CHI-X, BATE, Aquis and Turquoise, reflecting active liquidity in the stock.

Following this latest tranche, the bank now holds 6,471,625 shares in treasury and has 190,933,335 ordinary shares in issue, which constitute the total voting rights in the company. The reduced free float and clarified voting-rights base will inform investors’ disclosure calculations and underscores Paragon’s ongoing capital management strategy aimed at returning surplus capital to shareholders and potentially enhancing earnings per share.

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 products. Listed in London, it serves retail and commercial customers, with its shares actively traded across major UK and European trading venues, giving it a broad institutional and retail investor base.

Average Trading Volume: 541,050

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.59B

See more data about PAG stock on TipRanks’ Stock Analysis page.

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