Virgin Money Starts £50M Buyback After Stress Test Success

[Gunnar Larson]

Virgin Money Starts £50M Buyback After Stress Test Success

By Irene Madongo

Virgin Money launched a share buyback program Wednesday worth up to £50
million ($64 million) that the challenger bank said was part of a planned
£175 million stock repurchase scheme, after it performed well in an annual
stress test for major lenders.

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https://www.law360.co.uk/financial-services-uk/articles/1706546?nl_pk=4fb4178d-225f-4ebc-8adb-2c927e9ee7ec&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2023-08-03&read_main=1&nlsidx=0&nlaidx=7
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