Lion Finance Group Cancels 161,510 Shares in Buyback Programme

Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an update.

Lion Finance Group PLC has announced the cancellation of 161,510 treasury shares as part of its ongoing share buyback and cancellation programme, which was extended in February 2025. This move is part of a larger strategy to manage the company’s share capital and potentially enhance shareholder value, with a total of 636,943 shares cancelled since the programme’s inception in August 2024.

More about Bank of Georgia Group Plc

Lion Finance Group PLC is a FTSE 250 holding company with subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading universal banks, Bank of Georgia and Ameriabank, focusing on customer-centric services and is committed to driving business growth, sustaining high profitability, and generating strong returns while contributing positively to the communities it serves.

YTD Price Performance: 18.05%

Average Trading Volume: 73,922

Technical Sentiment Signal: Sell

Current Market Cap: £2.46B

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