Paragon Banking Group Executes Share Buyback as Part of £50 Million Program

An announcement from Paragon Banking Group PLC ( (GB:PAG) ) is now available.

Paragon Banking Group PLC has executed a share buyback program, purchasing 55,000 of its ordinary shares at prices ranging from 865.00p to 889.50p, with an average price of 871.6338p. This buyback is part of a larger £50 million program announced earlier in June 2025, aimed at reducing the number of shares in circulation and potentially increasing shareholder value. The company now holds 8,958,416 shares in treasury, with 195,446,544 shares remaining in issue, which represents the total voting rights for shareholders.

The most recent analyst rating on (GB:PAG) stock is a Hold with a £10.15 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 Outperform.

Paragon Banking Group PLC’s stock is well-supported by strong financial performance and attractive valuation. The strategic share buyback program further enhances shareholder value. However, caution is advised due to potential short-term volatility as indicated by technical analysis. Overall, the stock presents an appealing opportunity for value investors.

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

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates within the financial services industry, focusing on banking and lending services. The company is known for offering a range of financial products including savings accounts, loans, and mortgages, primarily targeting the UK market.

Average Trading Volume: 352,232

Technical Sentiment Signal: Buy

Current Market Cap: £1.71B

For a thorough assessment of PAG stock, go to TipRanks’ Stock Analysis page.