Paragon Banking Group cancels 8 million treasury shares

Investing_ng | 04-06-2026 03:53am |

Paragon Banking Group has announced the cancellation of 8 million treasury shares. This decision is part of the company's ongoing strategy to optimize its capital structure. The cancellation is expected to enhance shareholder value by reducing the number of shares in circulation. The move reflects the bank's commitment to maintaining a robust financial position.

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