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Lion Finance Group Announces Share Buyback Transaction

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Lion Finance Group Announces Share Buyback Transaction

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Bank of Georgia Group Plc ( (GB:BGEO) ) has issued an update.

Lion Finance Group PLC announced a transaction involving the repurchase of 3,000 ordinary shares as part of its ongoing share buyback and cancellation program. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, with implications for the company’s shareholding and voting rights structure.

The most recent analyst rating on (GB:BGEO) stock is a Buy with a £92.00 price target. To see the full list of analyst forecasts on Bank of Georgia Group Plc stock, see the GB:BGEO Stock Forecast page.

More about Bank of Georgia Group Plc

Lion Finance Group PLC is a FTSE 250 holding company that operates through its main subsidiaries, providing banking and financial services in the high-growth markets of Georgia and Armenia. The company focuses on customer-centric, universal banking services through Bank of Georgia and Ameriabank, aiming to drive business growth, sustain high profitability, and generate strong returns while positively impacting the communities they serve.

Average Trading Volume: 61,589

Technical Sentiment Signal: Buy

Current Market Cap: £3.98B

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

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