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Bank of Georgia Group Plc ( (GB:BGEO) ) has provided an update.
Lion Finance Group PLC has executed a share buyback, purchasing 5,000 ordinary shares on the London Stock Exchange as part of its previously announced buyback and cancellation program. This move is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares with voting rights to 43,531,169, thus impacting shareholder calculations under FCA rules.
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 primary operations in the banking and financial services sector, focusing on the high-growth markets of Georgia and Armenia. Its main subsidiaries, Bank of Georgia and Ameriabank, are customer-centric universal banks committed to business growth, high profitability, and strong returns, while positively impacting their operating communities.
Average Trading Volume: 62,639
Technical Sentiment Signal: Buy
Current Market Cap: £3.3B
Learn more about BGEO stock on TipRanks’ Stock Analysis page.