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Paragon Banking Group Advances Share Buyback Program

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

Paragon Banking Group PLC announced the repurchase of 57,881 of its ordinary shares on the London Stock Exchange as part of its ongoing £50 million share buyback program. This transaction, executed through Peel Hunt LLP, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, focusing on providing banking products and services. The company is known for its mortgage and loan offerings, catering primarily to the UK market.

YTD Price Performance: 6.19%

Average Trading Volume: 475,339

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.49B

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

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