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TBC Bank ( (GB:TBCG) ) has issued an update.
TBC Bank Group PLC has executed a share buyback, purchasing 3,000 of its ordinary shares at prices ranging from 3,890 to 3,915 pence, with an average price of 3,906.32 pence. The company plans to cancel these shares, reducing its total shares in issue to 55,886,121. This move is part of a buyback program announced earlier in August 2025, aimed at optimizing the company’s capital structure and potentially enhancing 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 with a significant market share 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 popular digital payment services. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 139,896
Technical Sentiment Signal: Buy
Current Market Cap: £2.17B
For an in-depth examination of TBCG stock, go to TipRanks’ Overview page.