TBC Bank (GB:TBCG) has released an update.
TBC Bank Group PLC has strategically repurchased 2,887 of its own ordinary shares, with transactions varying between 3,160.00 to 3,210.00 pence per share, resulting in a weighted average price of 3,185.7032 pence. The bank intends to cancel the acquired shares, following a buyback programme announced earlier in May. This move is consistent with the Company’s efforts to manage its capital structure and deliver value to its shareholders.
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