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Paragon Banking Group Continues £50m Share Buyback With 70,000-Share Purchase

Story Highlights
  • Paragon Banking Group bought 70,000 shares under its £50m buyback, tightening its capital base.
  • Post-transaction, voting rights stand at 190.7 million shares, underscoring capital return to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paragon Banking Group Continues £50m Share Buyback With 70,000-Share Purchase

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Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an announcement.

Paragon Banking Group PLC has continued its previously announced share buyback programme, repurchasing 70,000 ordinary £1 shares on 19 February 2026 through Jefferies International at prices between 856p and 876p, with a volume-weighted average price of about 865.35p. Following this latest tranche, the bank holds 6,681,625 shares in treasury and has 190,723,335 ordinary shares in issue, defining its current total voting rights for shareholders’ disclosure and transparency obligations.

The transactions were executed across multiple trading venues, including the London Stock Exchange, CHI-X, BATE, Aquis and Turquoise, indicating an active buyback execution strategy in the market. The ongoing repurchases reduce the free float and can enhance earnings per share, signalling management’s confidence in the group’s valuation and returning capital to shareholders within the £50m programme announced in December 2025.

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 UK-based specialist banking group focused on lending and savings products. It operates primarily in retail and commercial finance markets, providing services such as mortgages, consumer and business lending, and deposit accounts to a mix of individual and institutional customers.

Average Trading Volume: 535,581

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.62B

See more insights into PAG stock on TipRanks’ Stock Analysis page.

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