Georgia Capital Continues Share Buyback, Tightening Free Float

Georgia Capital PLC ( (GB:CGEO) ) has provided an announcement.

Georgia Capital PLC has continued its share buyback and cancellation programme, with Deutsche Bank AG’s London branch, trading as Deutsche Numis, purchasing 15,000 ordinary shares on the London Stock Exchange on 2 March 2026 at a volume-weighted average price of 3,713.5325 pence. The repurchased shares will be held in treasury pending their weekly cancellation, taking treasury shares to 65,000 and leaving 34,689,357 voting rights out of a total 34,754,357 ordinary shares in issue, marginally enhancing remaining shareholders’ proportional ownership.

The transaction reflects Georgia Capital’s ongoing capital management strategy, signalling confidence in the company’s valuation and offering potential support to its share price over time. By steadily reducing the free float through buybacks and subsequent cancellations, the company is tightening its share base, which can improve earnings per share metrics and may be viewed positively by long-term investors focused on capital returns.

More about Georgia Capital PLC

Georgia Capital PLC is a London-listed investment holding company focused on acquiring and developing businesses with exposure to the Georgian economy. Its portfolio typically spans sectors such as banking, healthcare, utilities, and consumer-facing services, giving international investors structured access to growth in Georgia’s domestic market.

Average Trading Volume: 61,561

Technical Sentiment Signal: Buy

Current Market Cap: £1.29B

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