Paragon Banking (GB:PAG) has released an update.
Paragon Banking Group PLC has actively engaged in its share buyback program, purchasing 70,000 of its £1.00 ordinary shares on April 26, 2024, with prices ranging from 695.50p to 701.00p. Following the buyback, the company’s treasury now holds 4,785,726 shares, while the total number of shares in issue stands at 211,819,234. This latest move is part of Paragon Banking’s previously announced buyback plan, aiming to enhance shareholder value through a £50 million program initiated in December 2023.
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