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Paragon Banking Group PLC ( (GB:PAG) ) has shared an update.
Paragon Banking Group PLC has executed a share buyback program, purchasing 60,856 ordinary shares at prices ranging from 755.50p to 766.50p. This move is part of a larger £50 million buyback initiative announced in December 2024, aimed at enhancing shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and improving market perception.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, focusing on banking and lending services. The company offers a range of financial products, including loans and savings accounts, primarily targeting the UK market.
YTD Price Performance: 5.00%
Average Trading Volume: 480,964
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.49B
For a thorough assessment of PAG stock, go to TipRanks’ Stock Analysis page.