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The latest update is out from Georgia Capital PLC ( (GB:CGEO) ).
Georgia Capital PLC, a company engaged in a share buyback and cancellation program, has announced the purchase of 15,000 of its ordinary shares on the London Stock Exchange. The transaction was executed by Numis Securities Limited on behalf of the company, with a volume-weighted average price of 1226.6667 pence per share. These shares will be held in treasury pending cancellation, affecting the company’s voting rights and share issuance. The move is part of a strategic initiative to manage the company’s capital structure, reflecting a proactive approach to enhancing shareholder value.
More about Georgia Capital PLC
YTD Price Performance: 3.00%
Average Trading Volume: 94,472
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £487.4M
See more insights into CGEO stock on TipRanks’ Stock Analysis page.
