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Georgia Capital Executes Share Buyback

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Georgia Capital Executes Share Buyback

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

Georgia Capital PLC announced a transaction in which Numis Securities Limited purchased 30,000 of its ordinary shares under a share buyback and cancellation program initiated in December 2024. The repurchased shares will be held in treasury until their cancellation later this month. This action reduces the number of voting rights in the company to 38,777,283 and demonstrates Georgia Capital’s commitment to managing its capital structure, potentially enhancing shareholder value.

More about Georgia Capital PLC

YTD Price Performance: 1.00%

Average Trading Volume: 80,120

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £470.7M

Learn more about CGEO stock on TipRanks’ Stock Analysis page.

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