TBC Bank Group Share News (TBCG)

Georgia Capital ramps up buybacks amid significant cash flow progress

(Alliance News) - Georgia Capital PLC on Friday pledged a further around USD110 million of share buybacks by 2026 as it forecast an improved cash flow position.

UK shareholder meetings calendar - next 7 days

IN BRIEF: TBC Bank announces results of tender offer

TBC Bank Group PLC - Tbilisi, Georgia-based bank - Announces the results of the offer to purchase its 5.75% notes due 2024. Offer made by its subsidiary, JSC TBC Bank. Says a total US98.5 million outstanding notes had been validly tendered on closure. In addition, buys further USD3.2 million notes through private transactions agreed during the tender offer.

London close: Stocks rise further as UK exits recession

(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.

LONDON MARKET MIDDAY: FTSE 100 hits record high on BoE vote, UK GDP

(Alliance News) - Stock prices in London were up at midday on Friday, hitting a record high once again as investors reacted positively to a dovish Bank of England interest rates hold.

TBC Bank announces buyback following strong first quarter

(Alliance News) - TBC Bank Group PLC on Friday celebrated a strong performance in the first quarter, with increases in both interest and fee income, as the company also unveiled a new share buyback programme set to begin next week.

LONDON MARKET OPEN: Stocks buoyed by dovish BoE hold and UK GDP growth

(Alliance News) - Stock prices in London opened up after a dovish Bank of England interest rates hold on Thursday.

LONDON BRIEFING: FTSE 100 called up on BoE hold and UK economic growth

(Alliance News) - Stocks in London are set to open up on Friday after a dovish Bank of England interest rates hold on Thursday.

TBC Bank in £22m share buyback as Q1 profits jump

(Sharecast News) - Georgia's TBC Bank reported higher first-quarter profit as net interest income jumped 21%, driven by higher interest rates and a "dynamic" loan book as it also launched a 75 million Georgian lari (£22.4m) share buyback.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: TBC Bank prices new USD300 million 10.25% capital notes

TBC Bank Group PLC - Tbilisi, Georgia-based lender - Prices new capital notes worth USD300 million with a 10.25% yield. Says the perpetual subordinated callable additional tier one capital notes will further strengthen the bank's capital base and support its growth and sustainable development. The notes are expected to be listed on Euronext Dublin's Global Exchange Market, settled on or around Tuesday next week. Says the bookbuilding follows a series of debt investor calls and enjoyed "strong" investor appetite. This includes institutional investors from the UK Europe and the US representing "at least three quarters" of the final deal size.

IN BRIEF: TBC Bank subsidiary launches tender of USD300 million notes

TBC Bank Group PLC - Tbilisi, Georgia-based lender - Subsidiary JSC TBC Bank launches tender offer of USD300.0 million 5.75% notes due 2024.

IN BRIEF: TBC Bank says Tkhelidze has sold GBP800,000 in shares

TBC Bank Group PLC - Tbilisi, Georgia-based lender - Deputy chief executive of JSC TBC Bank, George Tkhelidze sells 25,000 shares at GBP32.05 each, worth GBP801,250, in London on Thursday.

IN BRIEF: TBC Bank reports share sale by JSC executive officers

TBC Bank Group PLC - Tbilisi, Georgia-based lender - Nino Masurashvili, deputy chief executive officer of JSC TBC Bank, sells 10,149 shares in TBC at average GBP32.37 each from Tuesday to Wednesday in London. The aggregated volume price is GBP328,503.58. Deputy CEO Tornike Gogichaishvili meanwhile sells 10,152 shares at the same average price, for GBP328,600.64 in total. TBC is the parent company of JSC TBC Bank and of other financial companies principally operating in Georgia.

TBC Bank celebrates Georgia's EU step forward as annual profit climbs

(Alliance News) - TBC Bank Group PLC on Friday reported increased annual profit, despite a drop in the fourth quarter, lifted by higher interest rates.