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TBC Bank ( (GB:TBCG) ) has shared an announcement.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares as part of a buyback program announced earlier this year. The shares were purchased at prices ranging from 4,040.00 to 4,075.00 pence and will be canceled, reducing the total number of shares in issue to 55,881,621. This move is part of the company’s strategy to manage its 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 with significant market shares 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 digital payment solutions. 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: 143,982
Technical Sentiment Signal: Buy
Current Market Cap: £2.28B
For a thorough assessment of TBCG stock, go to TipRanks’ Stock Analysis page.