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Paragon Banking Group Advances £50m Share Buyback With Latest 70,000-Share Purchase

Story Highlights
  • Paragon Banking continued its £50m buyback, repurchasing 70,000 shares at about 858p each.
  • Post-transaction it holds nearly seven million treasury shares, tightening free float and voting base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paragon Banking Group Advances £50m Share Buyback With Latest 70,000-Share Purchase

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

Paragon Banking Group PLC has continued to execute its previously announced share buyback programme of up to £50 million, repurchasing 70,000 ordinary £1 shares on 25 February 2026 through Jefferies International at a volume-weighted average price of 858.3284 pence. Following this latest tranche, the bank holds 6,961,625 shares in treasury and has 190,443,335 ordinary shares in issue, which now represent the total voting rights for shareholders under UK disclosure and transparency rules.

The latest repurchases were executed across multiple trading venues, including the London Stock Exchange, CHI-X, BATE, Aquis and Turquoise, with prices ranging between 852.50 pence and 863.00 pence per share. By reducing the free float and consolidating its capital base, the ongoing buyback programme is likely to enhance earnings per share and may signal management’s confidence in the bank’s valuation and long-term prospects to investors.

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, including services for retail customers and selected specialist markets. The group operates in the financial services industry, with its shares listed on the London Stock Exchange, giving it access to public equity markets and a broad base of institutional and retail investors.

Average Trading Volume: 538,849

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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