Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Georgia Capital PLC ( (GB:CGEO) ) is now available.
Georgia Capital PLC has announced a transaction involving the repurchase of 25,000 of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. The shares were purchased on the London Stock Exchange at a volume-weighted average price of 2328.4356 pence per share, with the highest price paid being 2345 pence and the lowest at 2320 pence. This move will result in an increase in the number of shares held in treasury to 423,000, while the total number of voting rights will be 36,144,357 and the ordinary shares in issue will be 36,567,357. The cancellation of these shares is pending, and the transaction aligns with the company’s strategic financial management initiatives.
More about Georgia Capital PLC
Average Trading Volume: 66,649
Technical Sentiment Signal: Buy
Current Market Cap: £848.8M
Learn more about CGEO stock on TipRanks’ Stock Analysis page.