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

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

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Paragon Banking Group PLC ( (GB:PAG) ) has shared an announcement.

Paragon Banking Group PLC has repurchased 70,000 of its £1 ordinary shares on 2 March 2026 through Jefferies International as part of its previously announced £50 million share buyback programme. The shares were bought at prices between 827.50p and 841.50p, with a volume-weighted average price of 836.0887p, across multiple trading venues including the LSE, CHI-X, BATE, Aquis, and Turquoise.

Following this latest transaction, Paragon now holds 7,163,066 ordinary shares in treasury and has 190,241,894 ordinary shares in issue, representing the total voting rights in the company. The buyback continues to signal management’s focus on capital returns and share consolidation, affecting voting-right calculations for shareholders under UK disclosure and transparency rules.

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, savings, and related financial services. The group primarily serves retail savers and niche lending markets, including buy-to-let and commercial customers, positioning itself as a focused player within the UK financial services sector.

Average Trading Volume: 533,453

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.61B

For an in-depth examination of PAG stock, go to TipRanks’ Overview page.

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