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TBC Bank ( (GB:TBCG) ) has provided an announcement.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares at prices ranging from 4,315 to 4,400 pence per share, with a weighted average price of 4,357.50 pence. The purchased shares will be canceled, reducing the total number of shares in issue to 55,995,473. This transaction is part of a previously announced buyback 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 focuses on providing 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 country’s largest mobile-only bank and a leading digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index, FTSE4Good Index Series, and MSCI United Kingdom Small Cap Index.
Average Trading Volume: 117,337
Technical Sentiment Signal: Buy
Current Market Cap: £2.53B
For an in-depth examination of TBCG stock, go to TipRanks’ Overview page.