Paragon Banking Group PLC Advances Share Buyback Program

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

Paragon Banking Group PLC has executed a share buyback program, purchasing 45,000 of its ordinary shares at an average price of 895.3272 pence per share. This move is part of a larger £50 million buyback initiative announced earlier in June 2025, aimed at consolidating the company’s share capital and potentially enhancing shareholder value. Following this transaction, Paragon holds 5,801,575 shares in treasury, with 198,603,385 shares remaining in circulation, which represents the total voting rights for shareholders.

The most recent analyst rating on (GB:PAG) stock is a Buy with a £875.00 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 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 offers a range of products including savings accounts, loans, and mortgages, primarily targeting the UK market.

Average Trading Volume: 380,524

Technical Sentiment Signal: Buy

Current Market Cap: £1.76B

See more insights into PAG stock on TipRanks’ Stock Analysis page.