Paragon Banking Group PLC (GB:PAG) has released an update.
Paragon Banking Group PLC has actively bought back 69,416 of its own shares, with prices ranging from 736.50p to 747.50p, as part of a £50m share buyback program announced earlier this year. Following the repurchase, the company now holds over 1.2 million shares in treasury, with the total number of voting rights in the company standing at 209,382,108. This strategic move could indicate Paragon’s confidence in its financial stability and future prospects.
For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.