Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Georgia Capital PLC ( (GB:CGEO) ) has issued an announcement.
Georgia Capital PLC has announced a transaction involving the repurchase of 25,000 of its ordinary shares as part of its ongoing share buyback and cancellation program. This program, initially announced in December 2024, aims to optimize the company’s capital structure by reducing the number of shares in circulation. The shares were purchased at an average price of 2376.7986 pence each, with the highest price reaching 2385.0000 pence. The repurchased shares will be held in treasury until they are officially canceled later this month. This move will adjust the company’s voting rights and shares in issue, potentially impacting shareholder value and market perception.
More about Georgia Capital PLC
Average Trading Volume: 86,416
Technical Sentiment Signal: Buy
Current Market Cap: £843.4M
See more data about CGEO stock on TipRanks’ Stock Analysis page.