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 update.
TBC Bank Group PLC has announced the purchase of 3,000 of its ordinary shares as part of a buyback program initiated in August 2025. The shares were bought at prices ranging from 4,440 to 4,475 pence and will be canceled, leaving the company with 56,049,473 shares in issue. This move is part of TBC’s strategy to optimize its capital structure, potentially enhancing shareholder value and reflecting 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 operates as a major digital banking ecosystem in Central Asia, featuring the country’s largest mobile-only bank and a prominent digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 112,621
Technical Sentiment Signal: Buy
Current Market Cap: £2.49B
See more insights into TBCG stock on TipRanks’ Stock Analysis page.