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Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an update.
Paragon Banking Group PLC has executed a share buyback program, purchasing 80,000 ordinary shares at an average price of 886.0626 pence per share. This move is part of a larger £50 million buyback initiative announced earlier in June 2025, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. Following this transaction, Paragon holds 2,675,458 shares in treasury, with 194,729,502 shares remaining in issue, which represents the total voting rights for shareholders.
The most recent analyst rating on (GB:PAG) stock is a Hold with a £10.15 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 Outperform.
Paragon Banking Group PLC’s stock is well-supported by strong financial performance and attractive valuation. The strategic share buyback program further enhances shareholder value. However, caution is advised due to potential short-term volatility as indicated by technical analysis. Overall, the stock presents an appealing opportunity for value investors.
To see Spark’s full report on GB:PAG stock, click here.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates within the financial services industry, focusing on banking solutions. The company provides a range of financial products and services, including savings accounts, loans, and mortgages, primarily targeting individual and business clients in the UK market.
Average Trading Volume: 404,961
Technical Sentiment Signal: Buy
Current Market Cap: £1.68B
Find detailed analytics on PAG stock on TipRanks’ Stock Analysis page.