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Paragon Banking Group PLC ( (GB:PAG) ) has shared an announcement.
Paragon Banking Group PLC announced the purchase of 114,047 of its ordinary shares as part of its £50 million share buyback program. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value. Following the buyback, Paragon holds 7,565,915 shares in treasury, with 203,039,045 shares remaining in issue, which constitutes the total voting rights for shareholders.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, focusing on providing banking services and mortgage lending. The company is engaged in a range of financial products aimed at consumers and businesses, with a significant presence in the UK financial market.
YTD Price Performance: 6.05%
Average Trading Volume: 497,536
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.51B
Learn more about PAG stock on TipRanks’ Stock Analysis page.
