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The latest update is out from Bank of Georgia Group Plc ( (GB:BGEO) ).
Lion Finance Group PLC announced a share buyback transaction on the London Stock Exchange, purchasing 5,000 ordinary shares as part of its ongoing buyback and cancellation program. This move is expected to impact the company’s share capital structure and could influence shareholder value, as it reduces the number of shares with voting rights to 43,556,169. The company plans to make further announcements regarding additional purchases under this program.
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 subsidiaries offering banking and financial services in the Georgian and Armenian markets. The company operates through Bank of Georgia and Ameriabank, focusing on customer-centric, universal banking services. Lion Finance Group aims to drive business growth, maintain high profitability, and generate strong returns while positively impacting the communities it serves.
Average Trading Volume: 64,837
Technical Sentiment Signal: Buy
Current Market Cap: £3.47B
For detailed information about BGEO stock, go to TipRanks’ Stock Analysis page.