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Georgia Capital Buys Back 10,000 Shares Under Ongoing Repurchase Programme

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Georgia Capital Buys Back 10,000 Shares Under Ongoing Repurchase Programme

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Georgia Capital PLC ( (GB:CGEO) ) has issued 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, with the stock bought at a volume-weighted average price of 3,099.18 pence per share. Following this latest transaction, the company now holds 40,000 shares in treasury, leaving 34,894,357 voting rights outstanding and a total of 34,934,357 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share and capital return for remaining shareholders over time.

More about Georgia Capital PLC

Average Trading Volume: 46,687

Technical Sentiment Signal: Buy

Current Market Cap: £1.08B

For detailed information about CGEO stock, go to TipRanks’ Stock Analysis page.

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