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

Georgia Capital PLC has announced a transaction involving the repurchase of its own shares, as part of a share buyback and cancellation program initiated in December 2024. The company purchased 25,000 ordinary shares at an average price of 2348.3972 pence per share on the London Stock Exchange. This move is expected to reduce the number of shares in circulation, potentially increasing the value of remaining shares and impacting the company’s market positioning.

More about Georgia Capital PLC

Average Trading Volume: 60,630

Technical Sentiment Signal: Buy

Current Market Cap: £850.1M

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

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