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TBC Bank ( (GB:TBCG) ) has issued an announcement.
TBC Bank Group PLC announced the purchase of 3,000 of its own ordinary shares as part of a buyback program initiated in August 2025. The shares were bought at prices ranging from 3,995 to 4,025 pence and will be canceled, reducing the total number of shares in issue. This move is likely to impact the company’s share value and reflects a strategic effort to manage its capital structure effectively.
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 largest mobile-only bank in the country and a leading digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 147,023
Technical Sentiment Signal: Buy
Current Market Cap: £2.26B
For a thorough assessment of TBCG stock, go to TipRanks’ Stock Analysis page.