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Georgia Capital PLC Executes Share Buyback Programme

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Georgia Capital PLC Executes Share Buyback Programme

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Georgia Capital PLC ( (GB:CGEO) ) has issued an update.

Georgia Capital PLC has announced the repurchase of 20,000 of its ordinary shares as part of a share buyback and cancellation programme initiated in December 2024. The shares were purchased on the London Stock Exchange at a volume-weighted average price of 1923.8816 pence per share. This transaction is part of the company’s strategic efforts to manage its share capital and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are cancelled, impacting the total number of voting rights and shares in issue.

More about Georgia Capital PLC

Average Trading Volume: 96,020

Technical Sentiment Signal: Buy

Current Market Cap: £688.5M

For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.

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