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Georgia Capital PLC ( (GB:CGEO) ) has issued an update.
Georgia Capital PLC announced a transaction involving the repurchase of 20,000 ordinary shares as part of its share buyback and cancellation program initiated in December 2024. The shares were bought on the London Stock Exchange at an average price of 1171.0937 pence per share, and an application will be made to cancel these shares later this month. This move is expected to influence the company’s share dynamics by increasing the number of shares held in treasury to 192,567, potentially enhancing shareholder value and consolidating voting power with 39,366,568 voting rights remaining.
More about Georgia Capital PLC
YTD Price Performance: -0.33%
Average Trading Volume: 93,385
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £471.3M
See more insights into CGEO stock on TipRanks’ Stock Analysis page.
