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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an announcement.
Bank of Georgia Group PLC announced a transaction involving the repurchase of 5,000 of its own shares on the London Stock Exchange as part of its ongoing share buyback and cancellation program. This move is expected to impact the company’s share capital and market positioning by reducing the number of shares in circulation, potentially enhancing shareholder value.
More about Bank of Georgia Group Plc
Bank of Georgia Group PLC is a FTSE 250 holding company that provides banking and financial services in the high-growth markets of Georgia and Armenia through its subsidiaries, Bank of Georgia and Ameriabank. The company is focused on sustaining high profitability, driving business growth, and generating strong returns while contributing positively to the communities it operates in.
YTD Price Performance: 23.46%
Average Trading Volume: 95,827
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.05B
For detailed information about BGEO stock, go to TipRanks’ Stock Analysis page.