In Pursuit of Excellence: Paragon Banking Group Fortifies Treasury With More of Its Own Shares

The thriving Paragon Banking Group PLC has made headlines again with the continuation of its ambitious share buyback programme. The strategy, ensuring the bank’s invincible standing in the industry, involves acquiring its own ordinary shares, each valued at £1.0.\In two distinctive transactions, on the 11th and 16th of April in 2025, the banking titan added a staggering 30,863 shares to its treasury. Every move was carefully conducted on the London Stock Exchange via Peel Hunt LLP, establishing even more robust foundations for Paragon’s financial future.\The first transaction saw an impressive procurement of 20,000 shares at a balanced price of 717.00p per share. A few days later, the company returned to the stock exchange to add another 10,863 shares to its possession, priced between 771.50p and 767.50p. Post these purchases, Paragon Banking Group boosts its treasury to hold 4,237,358 of its own shares, while 200,167,602 ordinary shares remain in issue, excluding the treasury shares.\The transparency and steadfastness of Paragon’s buyback initiative pay tribute to its commitment to good governance and shareholder interest. The scheme was originally announced in December 2024, with a considerable budget of up to £50m to buy back shares, demonstrating the Group’s unfaltering confidence in its growth prospects.\These actions are reflective of the secure financial stance maintained by the company and its dedication to enhancing shareholder value. The banking firm reports its actions in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, illustrating its adherence to UK financial regulations.\Notably, the total voting rights in the company remain unaffected. This certainly marks another notable milestone in Paragon Banking Groups’ illustrious journey, as the banking group continues to set the pace in financial resilience and shareholder trust.