IN BRIEF: Secure Trust Bank starts 2nd half of GBP10 million buyback
7th Sep 2026 11:08
Secure Trust Bank PLC - Solihull, England-based business and consumer lender - Begins on Monday the GBP5 million second tranche of its GBP10 million share buyback, having completed the GBP5 million first tranche on August 5. The share buyback is to return cash from the sale of the bank's Consumer Vehicle Finance business. The buyback will be run by Shore Capital Stockbrokers Ltd and will be completed by December 31. Secure Trust sold its Consumer Vehicle Finance business to private equity funds managed by LCM Partners Ltd for just GBP458.6 million in December last year. Read More