Paragon Banking Group PLC (GB:PAG) has released an update.
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Paragon Banking Group PLC has actively bought back 64,102 of its own shares at prices ranging from 739.00p to 761.50p, with a volume weighted average of 751.1961p per share. This buyback is part of a larger £50 million share repurchase program initiated earlier this year. Following the transaction, Paragon now holds 901,818 shares in treasury out of the 209,703,142 total ordinary shares, impacting the company’s stock liquidity and shareholder value.
For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.