Bank of Georgia Group Plc (GB:BGEO) has released an update.
Bank of Georgia Group PLC has executed a share buyback on 26 April 2024, purchasing 7,500 ordinary shares at a volume-weighted average price of 5346.2067p per share. The shares were acquired through Numis Securities Limited as part of a buyback programme announced earlier in March, with the intention to cancel the repurchased shares, which will reduce the total number of voting shares. This strategic move is aimed at enhancing shareholder value and reflects the company’s commitment to its financial health and future growth.
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