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Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an announcement.
Bank of Georgia Group PLC has announced a transaction involving the repurchase of 5,000 of its own shares as part of its ongoing share buyback and cancellation program. This move, executed by Cavendish Capital Markets Limited on the London Stock Exchange, is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value and maintaining its market position.
More about Bank of Georgia Group Plc
Bank of Georgia Group PLC is a FTSE 250 holding company with subsidiaries that provide banking and financial services in the high-growth markets of Georgia and Armenia. Their operations are conducted through customer-centric universal banks, namely Bank of Georgia and Ameriabank, focusing on growth, profitability, and stakeholder opportunities, while contributing positively to their communities.
YTD Price Performance: 0.42%
Average Trading Volume: 96,787
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.1B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.
