Paragon Banking Group Advances Share Buyback Program

An announcement from Paragon Banking Group PLC ( (GB:PAG) ) is now available.

Paragon Banking Group PLC announced the purchase of 94,416 of its ordinary shares on the London Stock Exchange as part of its ongoing £50 million share buyback program. This transaction reflects the company’s strategic effort to manage its capital structure and enhance shareholder value, holding 9,011,256 shares in treasury and 201,593,704 shares in issue, impacting its total voting rights and potentially influencing shareholder decisions.

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 the UK market.

YTD Price Performance: 2.84%

Average Trading Volume: 489,352

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.46B

For an in-depth examination of PAG stock, go to TipRanks’ Stock Analysis page.