Bank of Georgia Executes Share Cancellation
Company Announcements

Bank of Georgia Executes Share Cancellation

Bank of Georgia Group Plc (GB:BGEO) has released an update.

Bank of Georgia Group PLC has announced the cancellation of 210,985 treasury shares as part of their ongoing GEL 100 million share buyback program, which began in August 2023. This latest cancellation brings the total number of shares withdrawn from the market to 929,777, aligning with the company’s strategy to enhance shareholder value. Following the cancellation, the total number of voting rights in the company stands at 44,947,446.

For further insights into GB:BGEO stock, check out TipRanks’ Stock Analysis page.

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