An announcement from Bank of Georgia Group Plc ( (GB:BGEO) ) is now available.
Lion Finance Group PLC announced a transaction involving the repurchase of 10,000 of its own shares on the London Stock Exchange as part of an ongoing share buyback and cancellation programme. This move, executed by Cavendish Capital Markets Limited, aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and enhancing shareholder value. The repurchased shares will be held in Treasury until their cancellation, which will adjust the total number of shares with voting rights and may impact shareholder notifications under FCA rules.
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. It 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.
YTD Price Performance: 15.50%
Average Trading Volume: 78,596
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.41B
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