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Georgia Capital PLC ( (GB:CGEO) ) has provided an announcement.
Georgia Capital PLC has cancelled 50,000 ordinary shares held in treasury as part of its ongoing share buyback and cancellation programme, in line with provisions of the UK Companies Act and listing rules. Following this transaction, the company now holds 30,000 ordinary shares in treasury, with 34,704,357 ordinary shares in issue and 34,674,357 voting rights outstanding, slightly increasing the relative ownership of remaining shareholders and tightening the free float.
More about Georgia Capital PLC
Georgia Capital PLC is an investment holding company focused on Georgia, allocating capital across a portfolio of businesses. It typically targets leading franchises in sectors such as financial services, healthcare, education, and other consumer-facing or infrastructure-related industries in the Georgian market.
Average Trading Volume: 62,996
Technical Sentiment Signal: Buy
Current Market Cap: £1.27B
For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.