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Georgia Capital PLC Executes Share Buyback Program

Story Highlights
  • Georgia Capital PLC repurchased 10,000 shares as part of its buyback program.
  • The repurchased shares will be held in treasury pending cancellation, affecting share structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Georgia Capital PLC Executes Share Buyback Program

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Georgia Capital PLC ( (GB:CGEO) ) has provided 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 repurchased 10,000 ordinary shares at an average price of 2466.7393 pence per share on the London Stock Exchange. This move is part of Georgia Capital’s strategy to manage its capital structure and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are canceled, which will adjust the number of ordinary shares in issue and voting rights, impacting the company’s capital and ownership dynamics.

More about Georgia Capital PLC

Average Trading Volume: 68,180

Technical Sentiment Signal: Buy

Current Market Cap: £882.1M

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

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