tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Georgia Capital PLC Announces Share Buyback Transaction

Story Highlights
Georgia Capital PLC Announces Share Buyback Transaction

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1