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Paragon Banking Group PLC ( (GB:PAG) ) has provided an announcement.
Paragon Banking Group PLC has executed a share buyback program, purchasing 55,000 of its own ordinary shares at a volume-weighted average price of 947.1734p per share. This transaction is part of a broader £50 million buyback initiative announced in June 2025, aimed at enhancing shareholder value by reducing the number of shares in circulation, which could potentially increase earnings per share and improve market perception.
The most recent analyst rating on (GB:PAG) stock is a Buy with a £875.00 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 services. The company offers a range of products including savings accounts, loans, and mortgages, with a market focus on both individual and business customers.
Average Trading Volume: 342,064
Technical Sentiment Signal: Buy
Current Market Cap: £1.82B
See more data about PAG stock on TipRanks’ Stock Analysis page.