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An announcement from Paragon Banking Group PLC ( (GB:PAG) ) is now available.
Paragon Banking Group PLC has executed a share buyback program, purchasing 80,000 of its ordinary shares at prices ranging from 854.50p to 865.50p, with a volume-weighted average price of 859.6307p. This transaction is part of a larger £50 million buyback initiative announced earlier in June 2025, aimed at consolidating the company’s equity and potentially enhancing shareholder value. The company now holds a total of 3,359,803 shares in treasury, with 194,045,157 shares in issue, which represents the total voting rights available to shareholders.
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 providing banking solutions. The company offers a range of products and services, including savings accounts, loans, and mortgages, with a market focus on retail and commercial banking sectors.
Average Trading Volume: 388,810
Technical Sentiment Signal: Buy
Current Market Cap: £1.66B
For an in-depth examination of PAG stock, go to TipRanks’ Overview page.