Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has undertaken a share repurchase on the London Stock Exchange, buying back 5,000 of its ordinary shares at prices ranging from 3770.0000p to 3862.5000p. Following the repurchase, the company plans to cancel the acquired shares, which will adjust the total number of shares with voting rights to 44,716,983. This move is part of a buyback program initiated on 22 August 2024, demonstrating the group’s commitment to shareholder value and capital efficiency.
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