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TBC Bank ( (GB:TBCG) ) has issued an announcement.
TBC Bank Group PLC has repurchased 10,000 of its ordinary shares as part of a buyback program announced earlier in August 2025. The shares were bought at prices ranging from 4,470.00 to 4,540.00 pence and will be canceled, reducing the total number of shares in issue. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure, potentially impacting its market positioning positively.
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 offers 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, featuring the largest mobile-only bank in the country and a leading digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 127,339
Technical Sentiment Signal: Buy
Current Market Cap: £2.52B
For an in-depth examination of TBCG stock, go to TipRanks’ Overview page.