Paragon are already on Freetrade. I’ve amended the title to suit.
Cool moves.
I’ve noticed that Paragon (based in Solihull) often provide business loans as I’ve seen the name on a few documents associated with a variety of companies.
Paragon Banking Group PLC (LSE:PAG) commences an Equity Buyback Plan for 25,600,000 shares, representing 10% of its issued share capital, under the authorization approved on February 24, 2021.
Paragon Banking Group PLC (LSE:PAG) commences share repurchases on June 15, 2021, under the program mandated by the shareholders in the Annual General Meeting held on February 24, 2021. As per the mandate, the company is authorized to repurchase up to 25,600,000 shares, representing 10% of its issued share capital. The minimum price which may be paid for each ordinary share is £0.01 pence and the maximum price which may be paid for each ordinary share is the higher of an amount equal to 105% of the average of the middle market quotations for an ordinary share, as derived from the London Stock Exchange Daily Official List, for the five business days immediately preceding the day on which the ordinary share is purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. Any shares purchased under this authority may either be cancelled or held as treasury shares. The authority shall expire at the earliest of the conclusion of the next Annual General Meeting in 2022, or, if earlier, May 23, 2022. On June 8, 2021, the company has announced the repurchase of £40.0 million of shares in the market, initially to be held in treasury. ~ SimplyWallSt.