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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an update.
Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation programme. This move, executed by Cavendish Capital Markets Limited, is part of a strategy to manage the company’s share capital and potentially enhance shareholder value. The repurchased shares will be held in treasury until their cancellation, which will adjust the total number of shares with voting rights, impacting shareholder calculations under FCA rules.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company that operates primarily in the high-growth markets of Georgia and Armenia through its subsidiaries, Bank of Georgia and Ameriabank. The company focuses on providing banking and financial services, aiming to drive business growth, maintain high profitability, and generate strong returns while contributing positively to the communities it serves.
Average Trading Volume: 67,133
Technical Sentiment Signal: Buy
Current Market Cap: £2.79B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.