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TBC Bank ( (GB:TBCG) ) has provided an announcement.
TBC Bank Group PLC announced the purchase of 10,000 of its own ordinary shares as part of a buyback program initiated on 18 August 2025. The shares, purchased at a weighted average price of 4,424 pence, will be canceled, reducing the total number of shares in issue to 56,090,473. This move is likely to impact the company’s share value and market perception, potentially benefiting shareholders by increasing the value of remaining shares.
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 recognized as 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: 112,134
Technical Sentiment Signal: Buy
Current Market Cap: £2.41B
Learn more about TBCG stock on TipRanks’ Stock Analysis page.