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The latest update is out from Georgia Capital PLC ( (GB:CGEO) ).
Georgia Capital PLC has executed a further tranche of its share buyback and cancellation programme, with Deutsche Bank’s London branch (trading as Deutsche Numis) repurchasing 10,000 ordinary shares on the London Stock Exchange at a volume-weighted average price of 3,336.53 pence. The repurchased shares will be held in treasury pending weekly cancellation applications, bringing treasury holdings to 50,000 shares and leaving 34,794,357 voting rights outstanding out of a total 34,844,357 ordinary shares in issue, underscoring the group’s ongoing efforts to manage its capital structure and enhance shareholder value through reducing the free float.
More about Georgia Capital PLC
Average Trading Volume: 52,225
Technical Sentiment Signal: Buy
Current Market Cap: £1.12B
See more insights into CGEO stock on TipRanks’ Stock Analysis page.