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Paragon Banking Group PLC ( (GB:PAG) ) has provided an announcement.
Paragon Banking Group PLC has executed a share buyback transaction, purchasing 60,306 of its ordinary shares at an average price of 745.5812p, as part of a £50 million buyback program. This move, facilitated through Peel Hunt LLP on the London Stock Exchange, aims to enhance shareholder value and optimize the company’s capital structure by reducing the number of shares in circulation.
More about Paragon Banking Group PLC
Paragon Banking Group PLC is a financial services company operating within the UK banking sector, primarily focusing on offering banking products and services. The company is involved in providing loans, savings, and asset finance, serving a wide range of individual and business customers.
YTD Price Performance: -0.87%
Average Trading Volume: 556,458
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.53B
Learn more about PAG stock on TipRanks’ Stock Analysis page.
