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Georgia Capital PLC ( (GB:CGEO) ) has provided an update.
Georgia Capital PLC announced a share buyback and cancellation initiative, where 15,000 of its ordinary shares were repurchased at a volume-weighted average price of 1205.3127 pence per share. This move is part of a previously announced program aimed at optimizing the company’s capital structure, which might influence the voting rights and shares in issue, potentially impacting shareholder value.
More about Georgia Capital PLC
Average Trading Volume: 96,709
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £473.9M
For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.
