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TBC Bank ( (GB:TBCG) ) has provided an update.
TBC Bank Group PLC announced the repurchase of 3,000 of its ordinary shares at a price of 4,558.90 pence each, as part of a buyback program initiated in August 2025. The repurchased shares will be canceled, reducing the total number of shares in issue to 56,019,473. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
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 focuses on providing digitally-led financial services to retail and corporate customers. TBC Bank Georgia is a leading financial services group in Georgia, holding a significant market share in customer loans and deposits. TBC Uzbekistan is recognized for its digital banking ecosystem in Central Asia, with a large user base and services including a mobile-only bank and digital payments.
Average Trading Volume: 116,323
Technical Sentiment Signal: Buy
Current Market Cap: £2.57B
For an in-depth examination of TBCG stock, go to TipRanks’ Overview page.