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Georgia Capital Initiates Share Buyback
Company Announcements

Georgia Capital Initiates Share Buyback

Story Highlights
  • Georgia Capital PLC has repurchased 30,000 shares at an average price of 1210.8275 pence.
  • The buyback affects the company’s voting rights and shares, impacting shareholder value.
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Georgia Capital PLC ( (GB:CGEO) ) has issued an update.

Georgia Capital PLC, a prominent player in its sector, has undertaken a share buyback initiative as part of its previously announced programme. The company recently repurchased 30,000 shares at an average price of 1210.8275 pence, which are to be held in treasury pending cancellation later this month. This transaction affects the total number of voting rights and shares in issue, potentially impacting shareholder value and market perception.

More about Georgia Capital PLC

Average Trading Volume: 77,966

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £464.2M

For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.

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