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Lion Finance Group Cancels 84,290 Shares in Ongoing Buyback Programme

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Lion Finance Group Cancels 84,290 Shares in Ongoing Buyback Programme

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An announcement from Bank of Georgia Group Plc ( (GB:BGEO) ) is now available.

Lion Finance Group PLC has announced the cancellation of 84,290 treasury shares as part of its ongoing share buyback and cancellation programme, which has seen a total of 915,457 shares cancelled since its inception in August 2024. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting the company’s market positioning and shareholder interests.

The most recent analyst rating on (GB:BGEO) stock is a Buy with a £45.50 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 primarily in the high-growth markets of Georgia and Armenia. Through its subsidiaries, Bank of Georgia and Ameriabank, the company provides banking and financial services with a focus on customer-centric, universal banking solutions. The group aims to drive business growth, maintain high profitability, and generate strong returns while contributing positively to the communities it serves.

Average Trading Volume: 74,256

Technical Sentiment Signal: Buy

Current Market Cap: £2.99B

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

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