TBC Bank Enhances Value with Share Buyback

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

TBC Bank has executed a share buyback, acquiring 3,000 of its ordinary shares at prices ranging from 2,620 to 2,700 pence per share, with a weighted average of approximately 2,667 pence. This move is part of their ongoing buyback program, initially announced in May 2024. The company plans to cancel the purchased shares, a strategy often used to consolidate ownership and enhance shareholder value.

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