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Georgia Capital PLC ( (GB:CGEO) ) has issued an announcement.
Georgia Capital PLC has announced a transaction involving the repurchase of its own shares as part of a share buyback and cancellation program initiated in December 2024. The company purchased 12,500 ordinary shares at a volume-weighted average price of 2552.9993 pence per share on the London Stock Exchange. This strategic move aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and enhancing shareholder value. Following this transaction, the number of ordinary shares in treasury will be 105,000, with 35,294,357 voting rights in the company.
More about Georgia Capital PLC
Average Trading Volume: 81,549
Technical Sentiment Signal: Buy
Current Market Cap: £900.3M
See more insights into CGEO stock on TipRanks’ Stock Analysis page.