Paragon Banking Group PLC ( (GB:PAG) ) has issued an update.
Paragon Banking Group PLC has executed a share buyback transaction, purchasing 66,195 of its ordinary shares on the London Stock Exchange as part of a £50 million buyback program announced in December 2024. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting confidence in its financial position.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, primarily focusing on banking and lending services. The company is known for its mortgage and loan products, catering to a diverse range of customers in the UK market.
YTD Price Performance: 4.72%
Average Trading Volume: 523,588
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.45B
For a thorough assessment of PAG stock, go to TipRanks’ Stock Analysis page.