Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has purchased 5,000 of its own shares as part of its previously announced share buyback and cancellation program, with transactions executed through Cavendish Capital Markets Limited on the London Stock Exchange. The shares will be held in Treasury until their cancellation, which will subsequently reduce the total number of shares with voting rights. This strategic move aligns with the company’s commitment to enhancing shareholder value and reflects its continued financial performance and growth in the Georgian and Armenian markets.
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