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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an update.
Lion Finance Group PLC has announced the cancellation of 47,950 treasury shares as part of its share buyback and cancellation programme, which concluded on July 10, 2025. This move is part of a larger initiative that began in August 2024, resulting in the cancellation of a total of 963,407 shares. The cancellation of shares is expected to impact the company’s capital structure and potentially enhance shareholder value by reducing the number of shares outstanding, thus increasing the earnings per share.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company with primary operations in the banking and financial services industry, focusing on the high-growth markets of Georgia and Armenia. It operates through its subsidiaries, Bank of Georgia and Ameriabank, offering customer-centric, universal banking services. The company is committed to driving business growth, sustaining high profitability, and generating strong returns while contributing positively to the communities it serves.
Average Trading Volume: 76,757
Technical Sentiment Signal: Buy
Current Market Cap: £3.12B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.