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Georgia Capital PLC Executes Share Buyback

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Georgia Capital PLC Executes Share Buyback

Georgia Capital PLC ( (GB:CGEO) ) has issued an announcement.

Georgia Capital PLC has announced a transaction involving the repurchase of 25,000 of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. This transaction, executed by Numis Securities Limited on the London Stock Exchange, reflects the company’s ongoing efforts to manage its capital structure effectively. The repurchased shares will be held in treasury until an application for their cancellation is made later this month. This move will adjust the number of voting rights and shares in issue, potentially impacting shareholder value and market perception.

More about Georgia Capital PLC

YTD Price Performance: 29.17%

Average Trading Volume: 72,750

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £587.9M

For detailed information about CGEO stock, go to TipRanks’ Stock Analysis page.

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