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TBC Bank ( (GB:TBCG) ) has shared an update.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares at a price of 4,325 pence each as part of its ongoing buyback program. The company plans to cancel these shares, reducing its total number of shares in issue, which could potentially enhance shareholder value and reflect 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 provider 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.
Average Trading Volume: 127,699
Technical Sentiment Signal: Buy
Current Market Cap: £2.44B
Find detailed analytics on TBCG stock on TipRanks’ Stock Analysis page.