Georgia Capital Continues Share Buyback, Tightening Free Float

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

Georgia Capital PLC has continued its share buyback and cancellation programme, with Deutsche Bank AG’s London branch purchasing 15,000 ordinary shares on its behalf on 9 March 2026 at a volume-weighted average price of 3,536.6158 pence on the London Stock Exchange. Following these transactions, the company will hold 80,000 shares in treasury, with 34,624,357 voting rights remaining out of a total 34,704,357 shares in issue, signalling an ongoing effort to optimise its capital structure and enhance shareholder value.

The incremental reduction in free-float shares through treasury holdings may support earnings-per-share metrics and reflects management’s confidence in the company’s long-term prospects. For investors, the continued execution of the buyback programme underscores a disciplined capital allocation strategy at a time when market conditions may be undervaluing the group’s portfolio of Georgian assets.

More about Georgia Capital PLC

Georgia Capital PLC is an investment holding company focused on the Georgian market, assembling and managing a portfolio of businesses across sectors such as banking, healthcare, insurance, and utilities. Listed on the London Stock Exchange, it provides international investors with exposure to Georgia’s growing economy through a diversified set of operating subsidiaries.

Average Trading Volume: 64,407

Technical Sentiment Signal: Buy

Current Market Cap: £1.24B

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