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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) ) just unveiled an announcement.

Georgia Capital PLC has announced a transaction involving the repurchase of 12,500 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 2508.2986 pence per share. This move is part of the company’s strategic efforts to manage its share capital and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are canceled, which will adjust the company’s total number of voting rights and shares in issue.

More about Georgia Capital PLC

Average Trading Volume: 77,992

Technical Sentiment Signal: Buy

Current Market Cap: £903.5M

Learn more about CGEO stock on TipRanks’ Stock Analysis page.

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