An update from Bank of Georgia Group Plc ( (GB:BGEO) ) is now available.
Lion Finance Group PLC has announced a transaction involving the repurchase of its own shares as part of an ongoing buyback and cancellation program. On April 10, 2025, Cavendish Capital Markets Limited purchased 632 ordinary shares on behalf of the company on the London Stock Exchange. This move is part of a strategic initiative to manage the company’s capital structure and enhance shareholder value. The repurchased shares will be held in Treasury until they are cancelled, reducing the total number of shares with voting rights to 44,120,830. This action reflects the company’s commitment to optimizing its financial operations and maintaining a strong market position.
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 Georgian and Armenian markets through leading, customer-centric, universal banks – Bank of Georgia in Georgia and Ameriabank in Armenia. The company focuses on driving business growth, sustaining high profitability, and generating strong returns while contributing positively to the communities where it operates.
YTD Price Performance: 3.78%
Average Trading Volume: 72,969
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.16B
For an in-depth examination of BGEO stock, go to TipRanks’ Stock Analysis page.