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Paragon Banking Advances Share Buyback Plan
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Paragon Banking Advances Share Buyback Plan

Paragon Banking (GB:PAG) has released an update.

Paragon Banking Group PLC has actively engaged in a share buyback program, purchasing 70,000 of its own shares at prices ranging from 699.00p to 709.50p, with an average price of 705.0725p. Following the transaction, the bank now holds a total of 4,645,726 of its shares in treasury out of the 211,959,234 total shares in issue. This move is part of a larger buyback plan announced in December 2023, aimed at returning value to shareholders.

For further insights into GB:PAG stock, check out TipRanks’ Stock Analysis page.

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