Bank of Georgia Group Plc ( (GB:BGEO) ) has shared 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 programme. The shares, bought through Cavendish Capital Markets Limited, will be held in Treasury until cancellation, reducing the total number of shares with voting rights to 44,095,708. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 to drive business growth, sustain profitability, and generate strong returns while contributing positively to the communities they serve.
YTD Price Performance: 17.73%
Average Trading Volume: 68,669
Technical Sentiment Signal: Sell
Current Market Cap: £2.45B
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