TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Bank of Georgia Group Plc ( (GB:BGEO) ).
Lion Finance Group PLC announced a share buyback transaction where Cavendish Capital Markets Limited purchased 5,000 ordinary shares on the London Stock Exchange as part of the company’s ongoing buyback and cancellation program. This move is expected to reduce the total number of shares with voting rights, potentially impacting shareholder calculations under the FCA’s rules, and reflects the company’s strategy to enhance shareholder value.
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 key subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading universal banks, Bank of Georgia and Ameriabank, focusing on customer-centric services to drive business growth, maintain high profitability, and generate strong returns while contributing positively to the communities they serve.
Average Trading Volume: 63,431
Technical Sentiment Signal: Buy
Current Market Cap: £3.48B
For a thorough assessment of BGEO stock, go to TipRanks’ Stock Analysis page.