Georgia Capital Continues Share Buyback with 10,000-Share Repurchase

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

Georgia Capital PLC has repurchased 10,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback and cancellation programme, executed via Deutsche Bank’s London branch trading as Deutsche Numis. The shares were bought at a volume-weighted average price of 3,549.9462 pence, with prices ranging between 3,480 and 3,625 pence during trading.

Following this latest transaction, Georgia Capital will hold 20,000 ordinary shares in treasury, while the number of voting rights in the company will stand at 34,734,357. The total number of ordinary shares in issue will be 34,754,357, underscoring the company’s continued use of buybacks as a capital-return tool that can support earnings per share and signal confidence in its valuation to investors.

More about Georgia Capital PLC

Georgia Capital PLC is a London-listed investment holding company focused on Georgian businesses across sectors such as banking, healthcare, utilities and consumer services. The company allocates capital to portfolio companies in Georgia, seeking to enhance long-term shareholder value through active ownership and disciplined capital management.

Average Trading Volume: 60,860

Technical Sentiment Signal: Buy

Current Market Cap: £1.2B

See more insights into CGEO stock on TipRanks’ Stock Analysis page.