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TBC Bank Cancels 3,000 Shares After Latest Buyback Transaction

Story Highlights
  • TBC Bank Group repurchased 3,000 ordinary shares under its ongoing buyback programme.
  • The repurchased shares will be cancelled, reducing share capital and signaling confidence to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TBC Bank Cancels 3,000 Shares After Latest Buyback Transaction

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TBC Bank ( (GB:TBCG) ) has issued an update.

TBC Bank Group PLC has repurchased 3,000 of its own ordinary shares on 21 January 2026 through Peel Hunt LLP at a volume-weighted average price of 3,971.40 pence per share, under its ongoing buyback programme launched in August 2025. The bank plans to cancel the shares, reducing its total shares in issue to 55,783,154 with none held in treasury, a move that marginally tightens the share capital base and may be viewed as a signal of confidence in the group’s valuation and capital strength by investors in the FTSE 250-listed lender.

More about TBC Bank

TBC Bank Group PLC is a London-listed, digitally focused financial services provider and the parent company of TBC Bank Georgia and TBC Uzbekistan. TBC Bank Georgia is the leading financial services group in Georgia, holding 37.2% of both customer loans and deposits as of 30 September 2025, while TBC Uzbekistan operates the leading digital banking ecosystem in Central Asia, including the country’s largest mobile-only bank and popular digital payments and instalment credit platforms. The group is a constituent of the FTSE 250, FTSE4Good Index Series and MSCI United Kingdom Small Cap Index.

Average Trading Volume: 142,838

Technical Sentiment Signal: Buy

Current Market Cap: £2.22B

Find detailed analytics on TBCG stock on TipRanks’ Stock Analysis page.

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