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Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an update.
Bank of Georgia Group PLC has repurchased 5,000 of its ordinary shares as part of a buyback program announced in August 2024. This move is part of the company’s strategy to manage its capital structure, with the repurchased shares to be held in treasury until cancellation. This transaction aligns with the company’s ongoing efforts to drive shareholder value and maintain a strong market position.
More about Bank of Georgia Group Plc
Bank of Georgia Group PLC is a FTSE 250 holding company with subsidiaries providing banking and financial services in the high-growth Georgian and Armenian markets through Bank of Georgia and Ameriabank. The company aims to drive business growth and profitability while creating opportunities for stakeholders and contributing positively to the communities it serves.
YTD Price Performance: 21.72%
Average Trading Volume: 97,880
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.03B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.
