Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
TBC Bank ( (GB:TBCG) ) has issued an update.
TBC Bank Group PLC has repurchased 2,000 of its own ordinary shares at a price of 4,265 pence per share under its ongoing share buyback programme initiated in August 2025, and intends to cancel these shares, leaving 55,763,515 ordinary shares in issue with none held in treasury. The move marginally reduces the company’s share count and continues a capital management strategy that can enhance earnings per share and signal confidence in the bank’s financial position, while maintaining its standing as a leading digitally focused banking group in Georgia and a fast-growing player in Central Asia.
More about TBC Bank
TBC Bank Group PLC is a London-listed, FTSE 250 constituent providing digitally led financial services to retail and corporate customers through its main operations in Georgia and Uzbekistan. It is the parent of TBC Bank Georgia, the leading financial services group in Georgia with around 37.2% market share in both customer loans and deposits, and TBC Uzbekistan, a major digital banking ecosystem in Central Asia with 22 million registered users encompassing a mobile-only bank, a digital payments app, and an instalment credit business.
Average Trading Volume: 143,596
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.37B
See more insights into TBCG stock on TipRanks’ Stock Analysis page.