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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, which operates in the financial sector, executed the purchase of 25,000 ordinary shares on the London Stock Exchange at a volume-weighted average price of 2439.8824 pence per share. This move is part of a broader strategy to manage its share capital and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are formally canceled, impacting the total number of voting rights and shares in issue.
More about Georgia Capital PLC
Average Trading Volume: 85,165
Technical Sentiment Signal: Buy
Current Market Cap: £867.3M
Learn more about CGEO stock on TipRanks’ Stock Analysis page.