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Georgia Capital PLC Announces Share Buyback Transaction

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Georgia Capital PLC Announces Share Buyback Transaction

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The latest update is out from Georgia Capital PLC ( (GB:CGEO) ).

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 at a volume-weighted average price of 2353.7509 pence per share on the London Stock Exchange. This move is expected to impact the company’s share structure by increasing the number of shares held in treasury to 240,000, while the total number of voting rights will be 35,461,857. The repurchase reflects the company’s ongoing strategy to manage its capital structure and potentially enhance shareholder value.

More about Georgia Capital PLC

Average Trading Volume: 84,579

Technical Sentiment Signal: Buy

Current Market Cap: £865.6M

For a thorough assessment of CGEO stock, go to TipRanks’ Stock Analysis page.

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