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Georgia Capital PLC ( (GB:CGEO) ) has issued an announcement.
Georgia Capital PLC has announced a transaction involving the repurchase of 10,000 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 an average price of 2486.25 pence per share. This move is part of the company’s ongoing efforts to manage its capital structure and enhance shareholder value. The repurchased shares will be held in treasury until they are cancelled later this month, which will adjust the number of voting rights and shares in issue, potentially impacting the company’s market positioning and shareholder dynamics.
More about Georgia Capital PLC
Average Trading Volume: 68,343
Technical Sentiment Signal: Buy
Current Market Cap: £882.1M
For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.