Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has announced the purchase of 7,500 of its own shares under the Buyback Programme initiated on August 22, 2024. The shares were acquired through Cavendish Capital Markets Limited at prices ranging from 3680.0000p to 3775.0000p, with an average price of 3725.2187p, and will be held in Treasury until they are cancelled. This move is part of a strategy to increase shareholder value and will result in a new total of 44,664,483 shares with voting rights.
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