Georgia Capital PLC (GB:CGEO) has released an update.
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Georgia Capital PLC has announced the cancellation of 18,000 treasury shares as part of its share buyback program, leaving no shares in treasury and a total of 39,559,135 ordinary shares in issue. This move could potentially strengthen shareholder value by reducing the overall share count, thus increasing earnings per share.
For further insights into GB:CGEO stock, check out TipRanks’ Stock Analysis page.