Bank of Georgia Group Plc ( (GB:BGEO) ) has provided an announcement.
Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation program. The shares were purchased by Cavendish Capital Markets Limited on the London Stock Exchange, with the highest price paid per share being 5550 pence and the lowest 5340 pence. This move is part of the company’s strategy to manage its share capital and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are cancelled, reducing the total number of shares with voting rights to 44,100,708, which may impact shareholder calculations under regulatory rules.
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 focuses on providing banking and financial services with a customer-centric approach, aiming for business growth, high profitability, and strong returns while contributing positively to the communities in which it operates.
YTD Price Performance: 14.23%
Average Trading Volume: 68,807
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.37B
For detailed information about BGEO stock, go to TipRanks’ Stock Analysis page.