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Bank of Georgia Group Plc ( (GB:BGEO) ) has provided an announcement.
Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 ordinary shares as part of its share buyback and cancellation program. The shares were purchased on the London Stock Exchange at an average price of 7380.1365 pence per share, with plans to cancel the repurchased shares, reducing the total number of shares with voting rights to 43,826,249. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company that operates primarily in the banking and financial services sector, focusing on high-growth markets in Georgia and Armenia. It operates through its subsidiaries, including the customer-centric Bank of Georgia.
Average Trading Volume: 65,237
Technical Sentiment Signal: Buy
Current Market Cap: £3.29B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.