Paragon Banking Group Advances Share Buyback Program

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

Paragon Banking Group PLC announced the repurchase of 99,954 of its ordinary shares as part of a £50 million share buyback program initiated in June 2024. This transaction, executed through Jefferies International Limited, reflects the company’s strategy to manage its capital structure and deliver value to shareholders, with implications for enhanced shareholder returns and strategic financial positioning.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, focusing on banking and lending services. The company is recognized for its involvement in the UK financial market, providing various banking solutions to its clientele.

YTD Price Performance: 12.97%

Average Trading Volume: 533,408

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.5B

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