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TBC Bank ( (GB:TBCG) ) just unveiled an announcement.
TBC Bank Group PLC announced the purchase of 2,845 ordinary shares on January 9, 2025, through Investec Bank plc, as part of its ongoing buyback program initiated in May 2024. The company intends to cancel the purchased shares, which will leave it with 56,269,386 ordinary shares in issue, none of which are held in Treasury. This move underlines TBC Bank’s commitment to enhancing shareholder value and optimizing its capital structure.
More about TBC Bank
YTD Price Performance: -2.24%
Average Trading Volume: 92,729
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.72B
See more data about TBCG stock on TipRanks’ Stock Analysis page.
