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Georgia Capital PLC Executes Share Buyback

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Georgia Capital PLC Executes Share Buyback

Elevate Your Investing Strategy:

Georgia Capital PLC ( (GB:CGEO) ) just unveiled an announcement.

Georgia Capital PLC has announced a transaction involving the repurchase of 15,000 of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. This transaction, executed through Numis Securities Limited, reflects the company’s ongoing efforts to manage its share capital effectively. The shares were bought at a volume-weighted average price of 1851.9309 pence per share and will be held in treasury until their cancellation later this month. This move will adjust the number of ordinary shares in issue to 37,223,619 and voting rights to 37,148,619, potentially impacting shareholder value and market perception.

More about Georgia Capital PLC

Average Trading Volume: 97,701

Technical Sentiment Signal: Buy

Current Market Cap: £696.4M

For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.

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