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Paragon Banking Group PLC ( (GB:PAG) ) has issued an update.
Paragon Banking Group PLC has executed a share buyback program, purchasing 80,000 of its ordinary shares through UBS AG London Branch. This move is part of a larger £50 million buyback initiative announced earlier in June 2025. The transaction reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation. The buyback could signal confidence in the company’s financial health and future prospects, impacting its market positioning and shareholder interests.
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 in the financial services industry, focusing on banking and lending services. The company is involved in providing a range of financial products, including savings accounts, loans, and mortgages, with a market focus on both individual and business customers.
Average Trading Volume: 407,389
Technical Sentiment Signal: Buy
Current Market Cap: £1.69B
See more data about PAG stock on TipRanks’ Stock Analysis page.