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Georgia Capital PLC Executes Share Buyback Transaction

Story Highlights
  • Georgia Capital PLC repurchased 10,000 shares as part of a buyback program.
  • The repurchased shares will be held in treasury before cancellation, affecting voting rights and shares in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Georgia Capital PLC Executes Share Buyback Transaction

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

Georgia Capital PLC has announced a transaction involving the repurchase of 10,000 of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. This transaction, conducted through Numis Securities Limited, reflects the company’s ongoing efforts to manage its capital structure effectively. The repurchased shares are set to be held in treasury until they are canceled later this month, which will adjust the total number of voting rights and shares in issue, potentially impacting shareholder value and market perception.

More about Georgia Capital PLC

Average Trading Volume: 72,328

Technical Sentiment Signal: Buy

Current Market Cap: £895.1M

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

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