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TBC Bank ( (GB:TBCG) ) has provided an update.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares at a weighted average price of 4,125 pence per share through Peel Hunt LLP. The shares will be canceled, reducing the total number of shares in issue to 55,986,473. This transaction is part of a buyback program announced in August 2025, which aims to optimize the company’s capital structure and potentially enhance shareholder value.
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, holding significant market shares in customer loans and deposits. TBC Uzbekistan is recognized as the leading digital banking ecosystem in Central Asia, with a substantial user base. The company 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: 118,751
Technical Sentiment Signal: Buy
Current Market Cap: £2.3B
For a thorough assessment of TBCG stock, go to TipRanks’ Stock Analysis page.