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Paragon Banking Group PLC Executes Share Buyback as Part of £50m Program

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Paragon Banking Group PLC Executes Share Buyback as Part of £50m Program

Elevate Your Investing Strategy:

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

Paragon Banking Group PLC has executed a share buyback transaction, purchasing 55,000 of its ordinary shares at a volume weighted average price of 951.9167 pence per share. This move is part of a larger £50 million buyback program announced in June 2025, aimed at optimizing the company’s capital structure and potentially increasing shareholder value.

The most recent analyst rating on (GB:PAG) stock is a Hold with a £9.30 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, primarily focusing on providing banking products and services. The company is involved in activities such as lending, savings, and investments, with a market focus on serving individual and business clients in the UK.

Average Trading Volume: 339,528

Technical Sentiment Signal: Buy

Current Market Cap: £1.84B

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

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