TBC Bank Cancels Newly Repurchased Shares Under Ongoing Buyback Programme

TBC Bank ( (GB:TBCG) ) just unveiled an update.

TBC Bank Group PLC has repurchased 3,000 of its ordinary shares on 4 February 2026 under its ongoing share buyback programme, at prices between 4,295p and 4,365p and a volume-weighted average price of 4,334.07p. The company plans to cancel these shares, reducing the number of ordinary shares in issue to 55,754,515, a move that incrementally enhances capital return to shareholders and may marginally increase earnings per share and support valuation by shrinking the free float, as the group continues to execute its capital management strategy.

More about TBC Bank

TBC Bank Group PLC is a London-listed, digitally focused financial services provider and parent of TBC Bank Georgia and TBC Uzbekistan. TBC Bank Georgia is the leading financial services group in Georgia, holding around 37.2% market share in 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 prominent digital payments and instalment credit platforms. TBC PLC is a constituent of the FTSE 250, FTSE4Good and MSCI United Kingdom Small Cap indices.

Average Trading Volume: 149,471

Technical Sentiment Signal: Strong Buy

Current Market Cap: £2.38B

Learn more about TBCG stock on TipRanks’ Stock Analysis page.