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An announcement from Georgia Capital PLC ( (GB:CGEO) ) is now available.
Georgia Capital PLC has announced a share buyback and cancellation program, with Numis Securities Limited purchasing 50,000 ordinary shares at an average price of 1118.7765 pence each on behalf of the company. This move is part of a program initiated in December 2024, and the repurchased shares will be held in treasury until an application for cancellation is made. The transaction impacts the company’s treasury shares and voting rights, highlighting a strategic financial maneuver to potentially enhance shareholder value.
More about Georgia Capital PLC
YTD Price Performance: -7.50%
Average Trading Volume: 95,624
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £451.1M
See more insights into CGEO stock on TipRanks’ Stock Analysis page.
