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TBC Bank ( (GB:TBCG) ) has provided an announcement.
TBC Bank Group PLC announced the purchase of 3,000 of its ordinary shares, with plans to cancel them, as part of a buyback program initiated in August 2025. This move will reduce the total number of shares in issue to 56,052,473, potentially enhancing shareholder value and reflecting the company’s confidence in its financial position.
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 provides digitally-led financial services to retail and corporate customers. TBC Bank Georgia is the 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 country’s largest mobile-only bank and a leading digital payments app.
Average Trading Volume: 112,865
Technical Sentiment Signal: Buy
Current Market Cap: £2.55B
See more insights into TBCG stock on TipRanks’ Stock Analysis page.