Lion Finance Group PLC Executes Share Buyback

Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an announcement.

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 programme. This move is expected to impact the company’s share capital structure by reducing the number of shares with voting rights, potentially affecting shareholder calculations under FCA rules. The company plans to make further announcements as the buyback programme progresses.

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 providing 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 and aiming for business growth, high profitability, and strong returns while contributing positively to the communities they serve.

Average Trading Volume: 73,008

Technical Sentiment Signal: Buy

Current Market Cap: £2.94B

For an in-depth examination of BGEO stock, go to TipRanks’ Stock Analysis page.