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Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an update.
Lion Finance Group PLC announced a transaction involving the repurchase of 1,218 ordinary shares as part of its share buyback and cancellation program. This move is expected to adjust the total number of shares with voting rights, potentially impacting shareholder calculations under FCA rules, and reflects the company’s strategic efforts to manage its capital structure effectively.
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 Georgian and Armenian markets through Bank of Georgia and Ameriabank. The company focuses on driving business growth, sustaining high profitability, and generating strong returns while contributing positively to the communities it operates in.
Average Trading Volume: 65,397
Technical Sentiment Signal: Buy
Current Market Cap: £3.13B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.