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Paragon Banking Group Advances Share Buyback Program

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Paragon Banking Group Advances Share Buyback Program

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

Paragon Banking Group PLC has repurchased 91,621 of its own shares at a volume-weighted average price of 798.3927p as part of a £50 million share buyback program announced in December 2024. This transaction reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders, with a total of 203,741,376 ordinary shares now in issue, excluding treasury shares.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, focusing on providing lending and savings products. It is particularly known for its buy-to-let mortgage offerings and savings accounts, positioning itself to meet the financial needs of property investors and savers in the UK market.

YTD Price Performance: 9.95%

Average Trading Volume: 479,565

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.57B

For a thorough assessment of PAG stock, go to TipRanks’ Stock Analysis page.

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