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Paragon Banking Group PLC ( (GB:PAG) ) just unveiled an announcement.
Paragon Banking Group PLC has continued its previously announced share buyback programme, repurchasing 523,000 ordinary £1 shares between 9 and 13 March 2026 through Jefferies International at volume-weighted average prices ranging from about 768p to 790p. The move is part of a buyback of up to £50 million, signalling ongoing capital management and a focus on enhancing shareholder value through a reduced free float.
Following these purchases, Paragon now holds 8,161,696 ordinary shares in treasury, leaving 189,243,264 shares in issue that represent the total voting rights in the company. The updated share count will be used by investors to calculate disclosure thresholds under UK transparency rules, slightly increasing existing shareholders’ proportional ownership and potentially supporting earnings per share over time.
The most recent analyst rating on (GB:PAG) stock is a Buy with a £1050.00 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 PAG Stock
According to Spark, TipRanks’ AI Analyst, PAG is a Neutral.
Overall score reflects attractive valuation (low P/E and high dividend yield) and supportive technical positioning above major moving averages. These positives are tempered by financial risks from rising leverage and notable volatility in revenue and cash flow, which reduce confidence in the stability of recent performance.
To see Spark’s full report on PAG stock, click here.
More about Paragon Banking Group PLC
Paragon Banking Group PLC is a UK-based specialist banking group focused on lending and savings products. It operates primarily in areas such as mortgages, commercial lending and retail deposit-taking, serving both individual and business customers in the UK financial services market.
Average Trading Volume: 458,721
Technical Sentiment Signal: Buy
Current Market Cap: £1.44B
Learn more about PAG stock on TipRanks’ Stock Analysis page.