Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an announcement.
Lion Finance Group PLC announced the repurchase of 10,000 ordinary 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 enhance shareholder value, with the repurchased shares to be held in Treasury until cancellation. The total number of shares with voting rights will be adjusted following the cancellation, impacting shareholder calculations under FCA rules.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company with subsidiaries providing banking and financial services in the Georgian and Armenian markets through Bank of Georgia and Ameriabank. The company focuses on customer-centric universal banking, aiming to drive business growth, maintain high profitability, and generate strong returns while positively impacting the communities it serves.
YTD Price Performance: 18.05%
Average Trading Volume: 73,922
Technical Sentiment Signal: Sell
Current Market Cap: £2.46B
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