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Georgia Capital PLC Executes Share Buyback

Story Highlights
  • Georgia Capital PLC repurchased 15,000 shares as part of its buyback programme.
  • The shares will be held in treasury and canceled, affecting voting rights and shares in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Georgia Capital PLC Executes Share Buyback

Elevate Your Investing Strategy:

An update from Georgia Capital PLC ( (GB:CGEO) ) is now available.

Georgia Capital PLC has announced a transaction involving the repurchase of 15,000 ordinary shares as part of its ongoing share buyback and cancellation programme. This initiative, initially announced in December 2024, is aimed at optimizing the company’s capital structure. The shares were purchased on the London Stock Exchange at a volume-weighted average price of 2018.3458 pence per share. The repurchased shares will be held in treasury until their cancellation later this month, which will adjust the company’s total number of voting rights and shares in issue.

More about Georgia Capital PLC

Average Trading Volume: 77,123

Technical Sentiment Signal: Buy

Current Market Cap: £742.6M

For an in-depth examination of CGEO stock, go to TipRanks’ Overview page.

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