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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an announcement.
Lion Finance Group PLC announced the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation program. The repurchased shares will be held in Treasury until their cancellation, which will adjust the total number of shares with voting rights to 43,516,169. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:BGEO) stock is a Buy with a £92.00 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 operations in the banking and financial services industry, focusing on the high-growth markets of Georgia and Armenia. The company operates through its main subsidiaries, Bank of Georgia and Ameriabank, which are customer-centric, universal banks. Lion Finance Group is committed to driving business growth, maintaining high profitability, and generating strong returns, while also contributing positively to the communities it serves.
Average Trading Volume: 62,191
Technical Sentiment Signal: Buy
Current Market Cap: £3.48B
For detailed information about BGEO stock, go to TipRanks’ Stock Analysis page.