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Bank of Georgia Group Plc ( (GB:BGEO) ) has issued an update.
Lion Finance Group PLC announced a share buyback transaction involving the repurchase of 5,000 ordinary shares on the London Stock Exchange as part of its ongoing buyback and cancellation program. This move aims to enhance shareholder value and adjust the company’s capital structure, with the repurchased shares to be held in treasury before cancellation, affecting the total number of shares with voting rights.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company with main subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading, customer-centric universal banks, namely Bank of Georgia and Ameriabank, focusing on business growth, profitability, and stakeholder value while contributing positively to the communities they serve.
YTD Price Performance: 16.56%
Average Trading Volume: 73,224
Technical Sentiment Signal: Sell
Current Market Cap: £2.41B
Learn more about BGEO stock on TipRanks’ Stock Analysis page.