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TBC Bank ( (GB:TBCG) ) has provided an update.
TBC Bank Group PLC announced the repurchase of 3,800 of its ordinary shares at a price of 4,500 pence each, as part of a buyback program initiated on 18 August 2025. The purchased shares will be canceled, reducing the total number of shares in issue to 56,204,273. This move is part of 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 focuses on providing digitally-led financial services to retail and corporate customers. TBC Bank Georgia is a leading financial services group in Georgia, holding significant market shares in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, offering services through TBC Bank Uzbekistan, Payme, and Payme Nasiya. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 130,672
Technical Sentiment Signal: Buy
Current Market Cap: £2.53B
See more data about TBCG stock on TipRanks’ Stock Analysis page.