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Georgia Capital Cancels Remaining Treasury Shares, Confirms 34.75m Shares in Issue

Story Highlights
  • Georgia Capital PLC has cancelled 40,000 treasury shares under its share buyback programme.
  • After the cancellation, no shares remain in treasury and total voting rights are 34,754,357.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Georgia Capital Cancels Remaining Treasury Shares, Confirms 34.75m Shares in Issue

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The latest update is out from Georgia Capital PLC ( (GB:CGEO) ).

Georgia Capital PLC has cancelled 40,000 ordinary shares previously held in treasury as part of its ongoing share buyback and cancellation programme, in line with UK company law and listing rules. Following this cancellation, the company holds no shares in treasury, and its total number of ordinary shares in issue, and corresponding voting rights, now stands at 34,754,357, effectively concentrating ownership among existing shareholders and potentially enhancing earnings per share over time.

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 banking, healthcare, insurance, utilities, and other consumer-facing industries, giving international investors exposure to the Georgian economy.

Average Trading Volume: 57,109

Technical Sentiment Signal: Buy

Current Market Cap: £1.13B

See more data about CGEO stock on TipRanks’ Stock Analysis page.

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