Paragon Banking Group Advances £50m Share Buyback Program

Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an announcement.

Paragon Banking Group PLC has executed a share buyback program, purchasing 55,000 of its ordinary shares at an average price of 907.3782 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 the ownership stake of existing shareholders. The company now holds over 8.5 million shares in treasury, with a total of 195,886,544 shares in issue, which impacts the calculation of voting rights and shareholder interests.

The most recent analyst rating on (GB:PAG) stock is a Buy with a £950.00 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 various financial products and services, including savings accounts, loans, and mortgages, catering to both individual and business clients.

Average Trading Volume: 342,885

Technical Sentiment Signal: Buy

Current Market Cap: £1.75B

For detailed information about PAG stock, go to TipRanks’ Stock Analysis page.