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The latest announcement is out from Paragon Banking Group PLC ( (GB:PAG) ).
Paragon Banking Group PLC has executed a share buyback program, purchasing 80,000 of its ordinary shares at an average price of 878.9294p per share. This move is part of a larger £50 million buyback initiative announced earlier in June 2025, aimed at consolidating the company’s share value and optimizing its capital structure. Following this transaction, the company holds 3,119,803 shares in treasury, with 194,285,157 shares remaining in circulation, which represents the total voting rights. This strategic financial maneuver is expected to enhance shareholder value and reflects the company’s confidence in its financial stability and future growth prospects.
The most recent analyst rating on (GB:PAG) stock is a Hold with a £10.15 price target. To see the full list of analyst forecasts on Paragon Banking Group PLC stock, see the GB:PAG Stock Forecast page.
Spark’s Take on GB:PAG Stock
According to Spark, TipRanks’ AI Analyst, GB:PAG is a Outperform.
Paragon Banking Group PLC’s stock is well-supported by strong financial performance and attractive valuation. The strategic share buyback program further enhances shareholder value. However, caution is advised due to potential short-term volatility as indicated by technical analysis. Overall, the stock presents an appealing opportunity for value investors.
To see Spark’s full report on GB:PAG stock, click here.
More about Paragon Banking Group PLC
Paragon Banking Group PLC operates in the financial services industry, primarily focusing on banking and lending services. The company offers a range of financial products including savings accounts, loans, and mortgages, catering to both individual and business clients.
Average Trading Volume: 387,220
Technical Sentiment Signal: Buy
Current Market Cap: £1.68B
See more insights into PAG stock on TipRanks’ Stock Analysis page.