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Georgia Capital PLC Executes Share Buyback to Optimize Capital Structure
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Georgia Capital PLC Executes Share Buyback to Optimize Capital Structure

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An announcement from Georgia Capital PLC ( (GB:CGEO) ) is now available.

Georgia Capital PLC, through its share buyback and cancellation programme, recently repurchased 30,000 ordinary shares at a volume weighted average price of 1216.5147 pence per share on the London Stock Exchange. This move, with the shares to be held in treasury pending cancellation, aims to optimize the company’s capital structure by reducing the number of shares in circulation to 39,559,135, thereby potentially enhancing shareholder value.

More about Georgia Capital PLC

YTD Price Performance: 1.67%

Average Trading Volume: 86,468

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £465.6M

See more insights into CGEO stock on TipRanks’ Stock Analysis page.

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