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The latest announcement is out from Paragon Banking Group PLC ( (GB:PAG) ).
Paragon Banking Group PLC has executed a purchase of 74,718 ordinary shares as part of its previously announced share buyback programme on the London Stock Exchange. This strategic move, involving a buyback of up to £50 million, is likely aimed at consolidating the company’s financial position and potentially increasing shareholder value by reducing the number of shares in circulation.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, focusing on banking and lending solutions primarily within the UK market. The company offers a wide range of products and services including savings accounts, mortgages, and other financial solutions tailored to meet the needs of individuals and businesses.
YTD Price Performance: -1.82%
Average Trading Volume: 537,908
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.46B
For detailed information about PAG stock, go to TipRanks’ Stock Analysis page.