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TBC Bank ( (GB:TBCG) ) just unveiled an announcement.
TBC Bank Group PLC has executed a share buyback, acquiring 3,000 of its ordinary shares through Peel Hunt LLP. The purchased shares will be canceled, reducing the total number of shares in issue to 55,992,473. This move is part of a previously announced buyback program, potentially enhancing shareholder value by decreasing the number of outstanding 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, holding significant market shares in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, featuring a mobile-only bank and digital payment solutions. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 117,337
Technical Sentiment Signal: Buy
Current Market Cap: £2.53B
For detailed information about TBCG stock, go to TipRanks’ Stock Analysis page.