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Georgia Capital PLC Executes Share Buyback

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Georgia Capital PLC Executes Share Buyback

Elevate Your Investing Strategy:

The latest update is out from Georgia Capital PLC ( (GB:CGEO) ).

Georgia Capital PLC has announced a transaction involving the repurchase of 15,000 of its ordinary shares as part of its ongoing share buyback and cancellation program. This move, executed by Numis Securities Limited, is part of a strategy initially announced in December 2024. The shares were purchased on the London Stock Exchange at a volume-weighted average price of 2086.4007 pence per share. Following this transaction, the company will hold 245,000 shares in treasury, with the total number of voting rights standing at 36,672,357. This buyback is a strategic effort to manage the company’s share capital and potentially enhance shareholder value.

More about Georgia Capital PLC

Average Trading Volume: 78,297

Technical Sentiment Signal: Buy

Current Market Cap: £770.7M

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

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