Bank of Georgia Group Plc (GB:BGEO) has released an update.
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Bank of Georgia Group PLC has carried out a share buyback transaction on August 30, 2024, purchasing 5,000 of its own shares at prices ranging from 4510p to 4575p, with an average price of 4531.41p per share. The repurchased shares are to be held in Treasury with plans for cancellation, which will reduce the total number of shares with voting rights to 44,806,983. This move is part of a share buyback and cancellation program previously announced on August 22, 2024, aimed at enhancing shareholder value.
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