Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has announced that following shareholder approval, it will pay a final dividend of GEL 4.94 per share on July 19, 2024, converting to British Pound Sterling at the National Bank of Georgia’s average exchange rate of 3.5495. Shareholders on the register by the closure of business on July 5 will receive payments in Pound Sterling directly to their bank accounts or by cheque if bank details are not provided. This move underscores the company’s commitment to delivering value to its stakeholders within the burgeoning Georgian and Armenian financial markets.
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