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TBC Bank ( (GB:TBCG) ) has shared an announcement.
TBC Bank Group PLC has announced the purchase of 3,000 of its own ordinary shares, with plans to cancel them, reducing the total number of shares in issue to 56,055,473. This move is part of a buyback program initiated in August 2025, aimed at optimizing the company’s capital structure and potentially enhancing 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 provides digitally-led financial services to retail and corporate customers. TBC Bank Georgia is a leading financial services group in Georgia, holding a significant market share in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, featuring the largest mobile-only bank in the country and a leading digital payments app.
Average Trading Volume: 112,865
Technical Sentiment Signal: Buy
Current Market Cap: £2.55B
For an in-depth examination of TBCG stock, go to TipRanks’ Overview page.