The latest announcement is out from Bank of Georgia Group Plc ( (GB:BGEO) ).
Lion Finance Group PLC announced a transaction involving the repurchase of 5,000 of its own shares on the London Stock Exchange as part of its ongoing share buyback and cancellation programme. This strategic move is aimed at optimizing the company’s capital structure and enhancing shareholder value, with the repurchased shares to be held in treasury until their cancellation. The total number of ordinary shares with voting rights will be adjusted accordingly, impacting shareholder calculations 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 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: 19.96%
Average Trading Volume: 72,796
Technical Sentiment Signal: Sell
Current Market Cap: £2.51B
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