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An announcement from Georgia Capital PLC ( (GB:CGEO) ) is now available.
Georgia Capital PLC announced a share buyback and cancellation program, with Numis Securities Limited purchasing 30,000 ordinary shares on the London Stock Exchange. This move is part of a strategy unveiled in December 2024, aiming to optimize the company’s capital structure. The repurchased shares will be held in treasury, with an application for their cancellation planned later this month. This transaction increases the total treasury shares to 360,000, leaving 38,597,283 voting rights and 38,957,283 ordinary shares in issue, reflecting a strategic approach to enhance shareholder value.
More about Georgia Capital PLC
YTD Price Performance: 0.83%
Average Trading Volume: 75,832
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £463.9M
See more insights into CGEO stock on TipRanks’ Stock Analysis page.
