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Lion Finance Group Cancels Shares in Extended Buyback Program

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Lion Finance Group Cancels Shares in Extended Buyback Program

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The latest announcement is out from Bank of Georgia Group Plc ( (GB:BGEO) ).

Lion Finance Group PLC has announced the cancellation of 67,774 treasury shares as part of its extended GEL 51.5 million share buyback and cancellation program. This move is part of a broader strategy to enhance shareholder value, with a total of 349,887 shares cancelled since the program’s inception in August 2025. The cancellation reduces the total number of voting rights in issue to 43,510,333, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 with main subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia. Through its leading, customer-centric universal banks, Bank of Georgia and Ameriabank, the company focuses on driving business growth, sustaining high profitability, and generating strong returns while creating opportunities for stakeholders and contributing positively to the communities it serves.

Average Trading Volume: 62,380

Technical Sentiment Signal: Buy

Current Market Cap: £3.79B

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

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