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Paragon Banking Group Executes Share Buyback in Strategic Move

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Paragon Banking Group Executes Share Buyback in Strategic Move

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Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an announcement.

Paragon Banking Group PLC has executed a share buyback, purchasing 114,987 of its ordinary shares, as part of a £50 million program announced in December 2024. This transaction impacts the company’s total voting rights, holding 7,451,868 shares in treasury, and highlights its strategic financial management to optimize shareholder value.

More about Paragon Banking Group PLC

Paragon Banking Group PLC operates in the financial services industry, primarily focusing on banking solutions including loans, savings, and mortgages. The company is listed on the London Stock Exchange and engages in market activities such as share buyback programs to manage capital efficiently.

YTD Price Performance: 7.51%

Average Trading Volume: 496,971

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.56B

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

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