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Georgia Capital PLC ( (GB:CGEO) ) has provided an announcement.
Georgia Capital PLC has announced a transaction involving the repurchase of 12,500 of its ordinary shares as part of its ongoing share buyback and cancellation program. This move is part of a strategy initiated in December 2024, aimed at optimizing the company’s capital structure. The shares were purchased at a volume-weighted average price of 2450.2668 pence and will be held in treasury until their cancellation later this month. This transaction reflects Georgia Capital’s commitment to enhancing shareholder value and may impact the company’s market positioning by potentially increasing the value of remaining shares.
More about Georgia Capital PLC
Average Trading Volume: 85,186
Technical Sentiment Signal: Buy
Current Market Cap: £857M
See more insights into CGEO stock on TipRanks’ Stock Analysis page.