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Paragon Banking Group Advances Share Buyback Plan

Paragon Banking Group Advances Share Buyback Plan

Paragon Banking Group PLC (GB:PAG) has released an update.

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Paragon Banking Group PLC has reported the acquisition of 95,476 of its own ordinary shares at prices ranging from 761.50p to 773.00p, as part of a £50 million share buyback program initiated on 5 June 2024. After these transactions, the company’s total voting rights amount to 207,824,322 ordinary shares, excluding shares held in treasury. This strategic move by the banking group reflects an ongoing effort to manage its share capital effectively.

For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.

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