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TBC Bank ( (GB:TBCG) ) has provided an update.
TBC Bank Group PLC announced the purchase of 3,000 of its ordinary shares, with plans to cancel them, reducing the total shares in issue to 55,847,742. This move is part of a buyback program initiated in August 2025, reflecting the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about TBC Bank
TBC Bank Group PLC is a public limited company registered in England and Wales, serving as the parent company of TBC Bank Georgia and TBC Uzbekistan. It is a leading financial services group in Georgia with significant market shares in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 147,057
Technical Sentiment Signal: Buy
Current Market Cap: £2.23B
Learn more about TBCG stock on TipRanks’ Stock Analysis page.