tiprankstipranks
Advertisement
Advertisement

Paragon Banking Group Strengthens Stock Value with Share Buyback

Paragon Banking Group Strengthens Stock Value with Share Buyback

Paragon Banking Group PLC (GB:PAG) has released an update.

Claim 55% Off TipRanks

Paragon Banking Group PLC has repurchased 91,033 of its ordinary shares as part of its ongoing £50 million share buyback program. The purchase, executed through Jefferies International Limited, saw prices range from 720.50p to 756.50p per share, with a volume-weighted average price of 734.0399p. This move reduces the number of shares in circulation, potentially increasing the value of remaining shares for investors.

For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1