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Georgia Capital PLC Announces Share Buyback Transaction

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Georgia Capital PLC Announces Share Buyback Transaction

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Georgia Capital PLC ( (GB:CGEO) ) just unveiled an announcement.

Georgia Capital PLC has announced a transaction involving the repurchase of 15,000 of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. This move is aimed at consolidating the company’s share capital and potentially enhancing shareholder value. The shares were purchased at an average price of 2131.6698 pence per share on the London Stock Exchange. Following this transaction, the company will hold 60,000 shares in treasury, with the total number of voting rights standing at 36,507,357.

More about Georgia Capital PLC

Average Trading Volume: 66,132

Technical Sentiment Signal: Buy

Current Market Cap: £780.1M

For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.

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