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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 prices ranging from 4,250 to 4,280 pence per share as part of a buyback program announced in August 2025. The company plans to cancel these shares, reducing the total number of shares in issue to 55,968,473. This move is part of TBC Bank’s strategy to manage its capital structure, potentially enhancing shareholder value and reflecting confidence in its financial position.
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.
Average Trading Volume: 126,187
Technical Sentiment Signal: Buy
Current Market Cap: £2.39B
For an in-depth examination of TBCG stock, go to TipRanks’ Overview page.