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Paragon Banking Group Continues £50m Buyback With 120,000-Share Purchase

Story Highlights
  • Paragon bought 120,000 shares under its £50m buyback, lifting treasury stock to 7.6m.
  • The bank will disclose future share repurchases within seven market sessions under new UK rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paragon Banking Group Continues £50m Buyback With 120,000-Share Purchase

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

Paragon Banking Group PLC has repurchased 120,000 ordinary shares at a volume-weighted average price of 784.8013p as part of its up to £50 million share buyback programme launched in December 2025. Following this transaction, the bank now holds 7,643,066 shares in treasury and has 189,761,894 ordinary shares in issue, which represents the total voting rights for shareholders under FCA disclosure rules.

The company also flagged that, in line with recent changes to UK Listing Rule 9.6.6 R, it will in future report purchases of its own shares no later than the seventh daily market session after execution. The detailed breakdown of trades across venues including the LSE, CHI-X, BATE, Aquis and Turquoise underscores ongoing execution of the buyback, which can support capital efficiency and potentially enhance earnings per share for investors.

The most recent analyst rating on (GB:PAG) stock is a Buy with a £1050.00 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 Neutral.

Overall score reflects attractive valuation (low P/E and high dividend yield) and supportive technical positioning above major moving averages. These positives are tempered by financial risks from rising leverage and notable volatility in revenue and cash flow, which reduce confidence in the stability of recent performance.

To see Spark’s full report on GB:PAG stock, click here.

More about Paragon Banking Group PLC

Paragon Banking Group PLC is a U.K.-based specialist banking group focused on lending and savings products. It serves retail and commercial customers, with its shares listed on the London Stock Exchange, where it actively manages its capital structure through programmes such as share buybacks.

Average Trading Volume: 485,615

Technical Sentiment Signal: Buy

Current Market Cap: £1.48B

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

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