Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
TBC Bank ( (GB:TBCG) ) has shared an announcement.
TBC Bank Group PLC has repurchased 10,000 of its ordinary shares at an average price of 4,357.50 pence each, as part of a buyback program announced on 18 August 2025. The company plans to cancel these shares, reducing the total number of shares in issue to 56,130,473. This move is likely aimed at optimizing the company’s capital structure and could potentially enhance shareholder value by increasing earnings per share.
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, holding 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 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: 111,352
Technical Sentiment Signal: Buy
Current Market Cap: £2.46B
See more insights into TBCG stock on TipRanks’ Stock Analysis page.