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The latest update is out from Bank of Georgia Group Plc ( (GB:BGEO) ).
Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 of its own shares on the London Stock Exchange as part of its ongoing share buyback and cancellation program. This move is expected to reduce the total number of ordinary shares with voting rights to 43,736,463, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules. The company plans to make further announcements regarding additional purchases under the buyback program.
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 markets of Georgia and Armenia. Through its leading customer-centric universal banks, 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 serves.
Average Trading Volume: 70,661
Technical Sentiment Signal: Buy
Current Market Cap: £3.33B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.