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TBC Bank ( (GB:TBCG) ) has provided an announcement.
TBC Bank Group PLC has repurchased 3,000 of its ordinary shares at a price of 4,475 pence each as part of its buyback program announced in August 2025. The company intends to cancel these shares, reducing the total number of shares in issue to 56,013,473. This move is part of TBC Bank’s strategic financial management to optimize its capital structure, potentially enhancing shareholder value and signaling confidence in its financial stability.
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 with significant market shares in customer loans and deposits. TBC Uzbekistan is a prominent digital banking ecosystem in Central Asia, featuring the country’s largest mobile-only bank and a leading digital payments app. TBC PLC is listed on the London Stock Exchange and is part of the FTSE 250 Index, FTSE4Good Index Series, and MSCI United Kingdom Small Cap Index.
Average Trading Volume: 117,160
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.52B
For a thorough assessment of TBCG stock, go to TipRanks’ Stock Analysis page.