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Georgia Capital PLC ( (GB:CGEO) ) has issued an update.
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 15,000 ordinary shares on the London Stock Exchange at a volume weighted average price of 2130.6177 pence per share. This move will result in a total of 380,000 shares held in treasury and 36,537,357 voting rights in the company, with an overall issuance of 36,917,357 ordinary shares. The repurchase is part of a strategic effort to manage the company’s capital structure and potentially enhance shareholder value.
More about Georgia Capital PLC
Average Trading Volume: 66,539
Technical Sentiment Signal: Buy
Current Market Cap: £773.1M
For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.