Paragon Banking Group PLC (GB:PAG) has released an update.
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Paragon Banking Group PLC has acquired 90,320 of its own ordinary shares as part of a £50 million share buyback program. The purchases were made at prices ranging from 738p to 748.50p per share, with a volume-weighted average price of 745.1494p. This move reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation.
For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.