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Georgia Capital PLC ( (GB:CGEO) ) just unveiled an update.
Georgia Capital PLC has announced a transaction involving the repurchase and cancellation of its own shares as part of a share buyback program initiated in December 2024. This move involves the acquisition of 44,834 ordinary shares at an average price of 1192.7451 pence per share. The repurchased shares will be held in treasury until they are officially cancelled later this month. This transaction alters the company’s capital structure, reducing the number of shares in circulation, which could have implications for shareholder value and influence market dynamics.
More about Georgia Capital PLC
YTD Price Performance: -0.83%
Average Trading Volume: 97,119
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £465.7M
Learn more about CGEO stock on TipRanks’ Stock Analysis page.
