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TBC Bank Group (LON:TBCG – Get Free Report) announced that its board has approved a share buyback program on Friday, August 8th, RTT News reports. The company plans to repurchase 0 outstanding shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.
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TBC Bank Group (LON:TBCG) to Buyback 0 Shares
