Lion Finance Group PLC Executes Share Buyback

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 program. This move, executed by Cavendish Capital Markets Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following the cancellation of these shares, the total number of ordinary shares with voting rights will be adjusted, impacting how shareholders calculate their interests under regulatory guidelines.

More about Bank of Georgia Group Plc

Lion Finance Group PLC is a FTSE 250 holding company with subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia. The company operates through leading customer-centric universal banks, namely Bank of Georgia in Georgia and Ameriabank in Armenia, focusing on business growth, high profitability, and strong returns while contributing positively to the communities they serve.

YTD Price Performance: 12.31%

Average Trading Volume: 81,067

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £2.34B

See more data about BGEO stock on TipRanks’ Stock Analysis page.