Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an announcement.
Lion Finance Group PLC announced a transaction involving the repurchase of 7,500 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 capital structure 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 main subsidiaries, Bank of Georgia and Ameriabank, the company offers banking and financial services with a focus on customer-centric, universal banking solutions. The company is committed to driving business growth, maintaining high profitability, and generating strong returns while contributing positively to the communities it serves.
YTD Price Performance: 0.72%
Average Trading Volume: 72,239
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.14B
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