An update from Bank of Georgia Group Plc ( (GB:BGEO) ) is now available.
Lion Finance Group PLC announced the repurchase of 5,000 ordinary shares on the London Stock Exchange as part of its ongoing share buyback and cancellation programme. This move, executed by Cavendish Capital Markets Limited, is part of the company’s strategy to manage its capital structure and enhance shareholder value. The repurchased shares will be held in treasury pending cancellation, reducing the total number of shares with voting rights to 44,070,708. This action reflects the company’s commitment to optimizing its financial operations and maintaining a robust market position.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company that provides banking and financial services through its main subsidiaries, Bank of Georgia in Georgia and Ameriabank in Armenia. The company focuses on high-growth markets in Georgia and Armenia, aiming to drive business growth, sustain high profitability, and generate strong returns while contributing positively to the communities it operates in.
YTD Price Performance: 23.46%
Average Trading Volume: 69,458
Technical Sentiment Signal: Sell
Current Market Cap: £2.56B
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