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TBC Bank ( (GB:TBCG) ) has shared an announcement.
TBC Bank Group PLC has announced the repurchase of 3,000 of its ordinary shares at a price of 3,710 pence each, as part of a buyback program initiated in August 2025. The company plans to cancel these shares, which will result in a total of 55,898,121 ordinary shares remaining in issue. This move is part of TBC Bank’s strategic efforts to manage its capital structure and enhance shareholder value, reflecting its robust financial position and commitment to maintaining a strong market presence.
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 focuses on providing digitally-led financial services to retail and corporate customers. TBC Bank Georgia is a leading financial services group in Georgia, holding a significant market share in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, known for its mobile-only bank and digital payment solutions. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 138,446
Technical Sentiment Signal: Buy
Current Market Cap: £2.07B
For a thorough assessment of TBCG stock, go to TipRanks’ Stock Analysis page.