Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has completed its GEL 162 million share buyback program, cancelling all 1,087,740 treasury shares acquired, which positively impacts shareholder value by reducing the number of shares in circulation. Following the cancellation, the total number of voting rights in the company is now 44,826,983. The buyback program underscores the company’s commitment to driving business growth and generating strong returns for shareholders.
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