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TBC Bank ( (GB:TBCG) ) has issued an update.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares at a price of 4,335 pence each, as part of a buyback program initiated in August 2025. The company plans to cancel these shares, reducing its total ordinary shares in issue to 55,953,473. This move is part of TBC Bank’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its ongoing commitment to financial stability and market confidence.
More about TBC Bank
TBC Bank Group PLC is a public limited company registered in England and Wales, serving as the parent company of TBC Bank Georgia and TBC Uzbekistan. It is a leading financial services group in Georgia, holding significant market shares in customer loans and deposits. TBC Uzbekistan is recognized as a prominent digital banking ecosystem in Central Asia, featuring the largest mobile-only bank in the country and a leading digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index.
Average Trading Volume: 127,699
Technical Sentiment Signal: Buy
Current Market Cap: £2.44B
For detailed information about TBCG stock, go to TipRanks’ Stock Analysis page.