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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 shared an update.

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 a volume-weighted average price of 2774.57 pence per share. This transaction is part of the company’s ongoing efforts to manage its share capital, with the repurchased shares to be held in treasury until they are formally canceled. The move impacts the company’s share structure by increasing the number of shares held in treasury to 50,000, while the total number of voting rights remains at 35,114,357.

More about Georgia Capital PLC

Average Trading Volume: 47,844

Technical Sentiment Signal: Buy

Current Market Cap: £946.9M

Find detailed analytics on CGEO stock on TipRanks’ Stock Analysis page.

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