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An update from TBC Bank ( (GB:TBCG) ) is now available.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares at prices ranging from 4,425.00 to 4,550.00 pence per share, with a weighted average price of 4,473.33 pence. The company plans to cancel these shares, reducing its total shares in issue to 56,046,473. This buyback is part of a previously announced program, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
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 noted for its digital banking ecosystem in Central Asia. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index, FTSE4Good Index Series, and the MSCI United Kingdom Small Cap Index.
Average Trading Volume: 125,284
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.51B
Learn more about TBCG stock on TipRanks’ Stock Analysis page.