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TBC Bank ( (GB:TBCG) ) has issued an announcement.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares at a weighted average price of 4,367.50 pence per share as part of its buyback program announced in August 2025. The company plans to cancel these shares, reducing the total number of shares in issue to 56,040,473. This move is likely to impact the company’s market positioning by potentially enhancing shareholder value and optimizing capital structure.
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 provides digitally-led financial services to retail and corporate customers. TBC Bank Georgia is the leading financial services group in Georgia with significant market shares in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, featuring the largest mobile-only bank in the country, a digital payments app, and an installment credit business. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 112,726
Technical Sentiment Signal: Buy
Current Market Cap: £2.45B
See more insights into TBCG stock on TipRanks’ Stock Analysis page.