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TBC Bank Executes Share Buyback and Cancellation

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TBC Bank ( (GB:TBCG) ) has shared an update.

TBC Bank Group PLC has repurchased 3,000 of its ordinary shares through Investec Bank plc at an average price of 3,145.525 pence per share as part of a previously announced buyback program. The company plans to cancel these shares, reducing the number of shares in issue to 56,315,101, which may enhance shareholder value by increasing earnings per share.

More about TBC Bank

YTD Price Performance: 18.68%

Average Trading Volume: 108,113

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.75B

For detailed information about TBCG stock, go to TipRanks’ Stock Analysis page.

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