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Bank of Georgia Group Plc ( (GB:BGEO) ) has provided an update.
Bank of Georgia Group PLC announced a share buyback transaction conducted by Cavendish Capital Markets Limited, which involved the purchase of 5,000 ordinary shares on the London Stock Exchange. This move is part of the company’s ongoing buyback and cancellation programme, originally announced in August 2024, indicating the company’s strategy to enhance shareholder value and manage capital efficiently.
More about Bank of Georgia Group Plc
Bank of Georgia Group PLC is a FTSE 250 holding company offering banking and financial services primarily in the Georgian and Armenian markets through its subsidiaries, Bank of Georgia and Ameriabank. It aims to sustain high profitability and growth while positively impacting the communities it serves.
YTD Price Performance: 22.26%
Average Trading Volume: 97,969
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.04B
Learn more about BGEO stock on TipRanks’ Stock Analysis page.
