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TBC Bank ( (GB:TBCG) ) has shared an announcement.
TBC Bank Group PLC has announced the repurchase of 1,500 of its ordinary shares as part of a buyback program initiated in August 2025. The shares were bought at a weighted average price of 4,098.33 pence and will be cancelled, reducing the total number of shares in issue to 55,850,742. This move is likely to impact the company’s market positioning by potentially increasing the value of remaining shares and demonstrating confidence in its financial stability.
More about TBC Bank
TBC Bank Group PLC is a public limited company registered in England and Wales, serving as the parent company of TBC Bank Georgia and TBC Uzbekistan. It focuses on providing digitally-led financial services to retail and corporate customers. TBC Bank Georgia is a leading financial services group in Georgia with a significant market share in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, known for its mobile-only bank and digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 147,057
Technical Sentiment Signal: Buy
Current Market Cap: £2.23B
Find detailed analytics on TBCG stock on TipRanks’ Stock Analysis page.