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The latest announcement is out from Bank of Georgia Group Plc ( (GB:BGEO) ).
Lion Finance Group PLC has announced a transaction involving the repurchase of 3,000 of its own shares on the London Stock Exchange as part of its ongoing share buyback and cancellation program. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are canceled, affecting the total number of shares with voting rights and potentially influencing shareholder calculations under FCA rules.
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 that operates primarily in the banking and financial services sector, focusing on the high-growth markets of Georgia and Armenia. Through its main subsidiaries, Bank of Georgia and Ameriabank, the company aims to drive business growth, maintain high profitability, and generate strong returns while positively impacting the communities it serves.
Average Trading Volume: 62,045
Technical Sentiment Signal: Buy
Current Market Cap: £3.79B
For a thorough assessment of BGEO stock, go to TipRanks’ Stock Analysis page.