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
An announcement from Bank of Georgia Group Plc ( (GB:BGEO) ) is now available.
Lion Finance Group PLC has announced an extension of its share buyback programme by GEL 51.5 million, aligning with its capital return policy to maintain a dividend/share buyback payout ratio between 30-50% of annual profits. This strategic move aims to reduce the company’s share capital and is expected to enhance shareholder value by executing the buyback in the open market, managed by Cavendish Capital Markets Limited, with completion anticipated by the 2026 Annual General Meeting.
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. The company operates through its subsidiaries, Bank of Georgia and Ameriabank, providing customer-centric, universal banking services. Lion Finance Group is committed to business growth, high profitability, and strong returns, while contributing positively to the communities it serves.
Average Trading Volume: 62,742
Technical Sentiment Signal: Buy
Current Market Cap: £3.41B
For a thorough assessment of BGEO stock, go to TipRanks’ Stock Analysis page.