VUK News: Virgin Money UK rises after bank buys back nearly a million of its own shares - 25th Nov 2022, 7:28pm

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By Scott Kanowsky

Investing.com -- Virgin Money UK PLC (LON:VMUK) rose on Friday after the British lender said it purchased just under one million of its own shares as part of a wider stake repurchase program.

In a statement, the bank said it had bought back a total of 988,000 of its ordinary shares of £0.10 each (£1 = $1.2080).

The announcement comes after Virgin Money UK posted an increase in full-year income earlier this week thanks to a boost from elevated interest rates and credit ...

>>> Read more: Virgin Money UK rises after bank buys back nearly a million of its own shares
 
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