Lion Finance Group PLC Executes Share Buyback

Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an update.

Lion Finance Group PLC announced a transaction involving the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation program. The shares, purchased through Cavendish Capital Markets Limited, will be held in Treasury until their cancellation, impacting the total number of shares with voting rights. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BGEO) stock is a Buy with a £45.50 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 subsidiaries offering banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading universal banks, Bank of Georgia and Ameriabank, focusing on customer-centric services. Lion Finance Group is committed to business growth, high profitability, and generating strong returns while contributing positively to the communities it serves.

Average Trading Volume: 75,195

Technical Sentiment Signal: Buy

Current Market Cap: £2.92B

See more insights into BGEO stock on TipRanks’ Stock Analysis page.