Bank of Georgia Group Plc ( (GB:BGEO) ) has issued an announcement.
Lion Finance Group PLC announced the repurchase of 5,000 ordinary shares on the London Stock Exchange as part of its ongoing share buyback and cancellation programme. The repurchased shares will be held in Treasury until their cancellation, impacting the total number of ordinary shares with voting rights to 44,175,040. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value.
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 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: 18.90%
Average Trading Volume: 72,472
Technical Sentiment Signal: Sell
Current Market Cap: £2.47B
Learn more about BGEO stock on TipRanks’ Stock Analysis page.