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Georgia Capital PLC Executes Share Buyback

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Georgia Capital PLC Executes Share Buyback

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Georgia Capital PLC ( (GB:CGEO) ) has provided an update.

Georgia Capital PLC has announced a transaction involving the repurchase of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. The company purchased 12,500 shares at an average price of 2448.8 pence per share on the London Stock Exchange. This transaction will increase the number of shares held in treasury to 330,000, with the total number of voting rights in the company now at 35,789,357. The move is part of the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.

More about Georgia Capital PLC

Average Trading Volume: 87,143

Technical Sentiment Signal: Buy

Current Market Cap: £891.5M

See more insights into CGEO stock on TipRanks’ Stock Analysis page.

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