Bank of Georgia Group Plc ( (GB:BGEO) ) has provided an announcement.
Lion Finance Group PLC announced a transaction involving the repurchase of 10,000 ordinary shares as part of its ongoing share buyback and cancellation programme. This move is expected to impact the company’s share capital structure, reducing the total number of ordinary shares with voting rights to 44,244,533. The buyback programme, initially announced in August 2024 and extended in February 2025, reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company with subsidiaries that provide banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading universal banks, Bank of Georgia and Ameriabank, focusing on customer-centric services to drive business growth, maintain high profitability, and generate strong returns while contributing positively to the communities they serve.
YTD Price Performance: 12.10%
Average Trading Volume: 74,764
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.34B
For an in-depth examination of BGEO stock, go to TipRanks’ Stock Analysis page.
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