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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) ) just unveiled an update.

Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 ordinary shares on the London Stock Exchange as part of its share buyback and cancellation program. This move is expected to impact the company’s share capital structure by reducing the total number of shares with voting rights, potentially affecting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Bank of Georgia Group Plc

Lion Finance Group PLC is a FTSE 250 holding company that operates primarily in the banking and financial services sector, focusing on the high-growth markets of Georgia and Armenia. Its main subsidiaries, Bank of Georgia and Ameriabank, are leading customer-centric universal banks in these regions. The company is committed to driving business growth, maintaining high profitability, and generating strong returns while contributing positively to the communities it serves.

Average Trading Volume: 64,795

Technical Sentiment Signal: Buy

Current Market Cap: £3.25B

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

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