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Georgia Capital PLC Executes Share Buyback Program

Story Highlights
  • Georgia Capital PLC repurchased 12,500 shares as part of its buyback program.
  • The repurchased shares will be held in treasury pending cancellation to optimize capital structure.
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Georgia Capital PLC Executes Share Buyback Program

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

Georgia Capital PLC has announced a transaction involving the repurchase of its ordinary shares as part of a share buyback and cancellation program. This initiative, conducted through Numis Securities Limited, saw the acquisition of 12,500 shares at a volume-weighted average price of 2568.8940 pence per share. The repurchased shares will be held in treasury until their cancellation is processed. This move is part of the company’s ongoing efforts to manage its share capital effectively, potentially enhancing shareholder value and optimizing its capital structure.

More about Georgia Capital PLC

Average Trading Volume: 81,592

Technical Sentiment Signal: Buy

Current Market Cap: £918.3M

See more data about CGEO stock on TipRanks’ Stock Analysis page.

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