Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has repurchased 5,000 of its own shares on the London Stock Exchange as part of its ongoing buyback program. The shares were bought at an average market price of 4025.4870 pence each, with plans to cancel them, thereby reducing the total number of shares with voting rights to 44,626,754. This move aims to enhance shareholder value and demonstrates the company’s commitment to returning capital to its investors.
For further insights into GB:BGEO stock, check out TipRanks’ Stock Analysis page.
