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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, at a volume-weighted average price of 3,182.4148 pence per share. Following this latest transaction, the company will hold 80,000 shares in treasury, with 34,814,357 voting rights outstanding and a total of 34,894,357 ordinary shares in issue, reflecting a continued capital management strategy that modestly enhances earnings per share and underscores confidence in the company’s valuation for existing shareholders.
More about Georgia Capital PLC
Georgia Capital PLC is a London-listed investment holding company focused on acquiring and developing businesses in Georgia across sectors such as healthcare, retail, insurance and infrastructure, offering investors exposure to the Georgian economy through a diversified portfolio of operating companies.
Average Trading Volume: 50,720
Technical Sentiment Signal: Buy
Current Market Cap: £1.11B
See more insights into CGEO stock on TipRanks’ Stock Analysis page.