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Lion Finance Group Cancels Additional Shares Under Ongoing Buyback Programme

Story Highlights
  • Lion Finance Group has cancelled 30,000 treasury shares under its extended buyback programme.
  • Total shares cancelled now reach 459,089, reducing free float to 43,398,487 voting rights in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lion Finance Group Cancels Additional Shares Under Ongoing Buyback Programme

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

Lion Finance Group PLC has cancelled 30,000 treasury shares as part of its ongoing GEL 51.5 million share buyback and cancellation programme, itself an extension of a prior GEL 98.0 million programme launched in August 2025, bringing the total number of shares cancelled under the initiative to 459,089. Following the latest cancellation, the company now holds 6,000 ordinary shares in treasury and has 43,398,487 voting rights in issue, a capital management move that reduces the free float and can enhance earnings per share, with implications for shareholder ownership calculations under UK disclosure and transparency rules.

The most recent analyst rating on (GB:BGEO) stock is a Buy with a £10700.00 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 whose main subsidiaries provide banking and financial services in the high-growth Georgian and Armenian markets, operating through leading customer-centric universal banks Bank of Georgia in Georgia and Ameriabank in Armenia. The group focuses on leveraging its competitive strengths to drive business growth, sustain high profitability, generate strong returns, and create opportunities for stakeholders while contributing positively to the communities where it operates.

Average Trading Volume: 86,120

Technical Sentiment Signal: Buy

Current Market Cap: £4.33B

Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.

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