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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an update.
Bank of Georgia Group PLC announced a transaction involving the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation program. This move is expected to affect the total number of shares with voting rights, potentially impacting shareholder calculations regarding their interests. The company plans further announcements as additional purchases under the scheme are completed, reflecting its strategic focus on optimizing capital structure and returning value to shareholders.
More about Bank of Georgia Group Plc
Bank of Georgia Group PLC is a FTSE 250 holding company that offers banking and financial services through its subsidiaries, focusing primarily on the high-growth markets of Georgia and Armenia. The company operates leading, customer-centric universal banks, including Bank of Georgia in Georgia and Ameriabank in Armenia, and is committed to driving business growth, maintaining high profitability, and generating strong returns while making positive contributions to the communities it serves.
YTD Price Performance: 22.79%
Average Trading Volume: 96,086
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.04B
For detailed information about BGEO stock, go to TipRanks’ Stock Analysis page.
