Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has announced the repurchase of 5,000 of its own shares on the London Stock Exchange as part of its previously disclosed buyback programme. These shares, bought at prices ranging from 3740p to 3830p, will be held in Treasury before cancellation, which will slightly reduce the overall share count and potentially impact the stock’s value. This move is aligned with the company’s strategy to enhance shareholder value and reflects its commitment to managing capital effectively.
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