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Georgia Capital PLC ( (GB:CGEO) ) has issued an announcement.
Georgia Capital PLC has announced a transaction involving the repurchase of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. The company purchased 12,500 shares on the London Stock Exchange at a volume-weighted average price of 2422 pence per share. This move will increase the number of shares held in treasury to 202,500, while the total number of voting rights in the company will be 35,499,357. The repurchase is expected to impact the company’s share capital structure by reducing the number of shares in circulation, potentially enhancing shareholder value.
More about Georgia Capital PLC
Average Trading Volume: 86,701
Technical Sentiment Signal: Buy
Current Market Cap: £841.9M
For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.