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Georgia Capital PLC ( (GB:CGEO) ) just unveiled an update.
Georgia Capital PLC has engaged in a share buyback and cancellation program, repurchasing 20,000 of its ordinary shares on the London Stock Exchange. This strategic move is part of the company’s efforts to manage its capital structure and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are formally cancelled next month, which will adjust the total number of ordinary shares and voting rights in the company.
More about Georgia Capital PLC
YTD Price Performance: 14.87%
Average Trading Volume: 96,365
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £464.2M
Learn more about CGEO stock on TipRanks’ Stock Analysis page.
