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Georgia Capital PLC Announces Share Buyback Transaction

Story Highlights
  • Georgia Capital PLC repurchased 25,000 shares as part of its buyback programme.
  • The transaction increases treasury shares to 290,000, affecting voting rights and share capital management.
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Georgia Capital PLC Announces Share Buyback Transaction

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Georgia Capital PLC ( (GB:CGEO) ) just unveiled an announcement.

Georgia Capital PLC has announced a transaction involving the repurchase of 25,000 of its ordinary shares as part of its ongoing share buyback and cancellation programme initiated in December 2024. The shares were purchased on the London Stock Exchange at a volume-weighted average price of 2381.7779 pence per share. This move will increase the number of shares held in treasury to 290,000, while the total number of voting rights in the company will be 36,277,357. This transaction is part of the company’s strategy to manage its share capital and potentially enhance shareholder value.

More about Georgia Capital PLC

Average Trading Volume: 61,127

Technical Sentiment Signal: Buy

Current Market Cap: £850.1M

Learn more about CGEO stock on TipRanks’ Stock Analysis page.

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