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Georgia Capital PLC ( (GB:CGEO) ) has shared an update.
Georgia Capital PLC has repurchased 10,000 of its own ordinary shares on the London Stock Exchange as part of its ongoing share buyback and cancellation programme, executed via Deutsche Bank AG’s London branch trading as Deutsche Numis at a volume-weighted average price of 3,130 pence per share. The transaction increases the company’s treasury holding to 60,000 shares and leaves 34,894,357 ordinary shares in issue, representing 34,834,357 voting rights, a move that marginally enhances earnings per share and signals continued capital management discipline likely to be viewed positively by shareholders monitoring capital returns and stock liquidity.
More about Georgia Capital PLC
Georgia Capital PLC is an investment holding company focused on acquiring and developing businesses in Georgia, typically across sectors such as banking, healthcare, utilities, and consumer-facing services, providing investors with exposure to the Georgian economy through a diversified portfolio of operating companies.
Average Trading Volume: 50,605
Technical Sentiment Signal: Buy
Current Market Cap: £1.09B
For detailed information about CGEO stock, go to TipRanks’ Stock Analysis page.