Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
TBC Bank ( (GB:TBCG) ) has issued an announcement.
TBC Bank Group PLC has executed a share buyback, purchasing 3,000 of its ordinary shares through Peel Hunt LLP, at prices ranging from 4,425.00 to 4,550.00 pence per share. The company plans to cancel these shares, reducing its total shares in issue to 56,046,473. This move is part of a previously announced buyback program, potentially enhancing shareholder value by decreasing the number of shares outstanding.
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 recognized as a leading 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 MSCI United Kingdom Small Cap Index.
Average Trading Volume: 125,284
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.51B
For detailed information about TBCG stock, go to TipRanks’ Stock Analysis page.