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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 provided an announcement.

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 3,176.12 pence. Following this transaction, the company now holds 70,000 shares in treasury and has 34,824,357 voting rights in issue out of a total 34,894,357 ordinary shares, incrementally reducing its free float and potentially enhancing earnings per share for remaining investors as the repurchased shares are progressively cancelled.

More about Georgia Capital PLC

Average Trading Volume: 51,042

Technical Sentiment Signal: Buy

Current Market Cap: £1.09B

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

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