Georgia Capital PLC (GB:CGEO) has released an update.
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Georgia Capital PLC has executed a share buyback, purchasing 20,000 of its own shares at a volume-weighted average price of 927.2979 pence per share, reflecting a commitment to enhance shareholder value. The repurchased shares are set for cancellation, which will adjust the total number of ordinary shares and voting rights in the company. This strategic move aligns with the share buyback and cancellation programme announced earlier in May 2024.
For further insights into GB:CGEO stock, check out TipRanks’ Stock Analysis page.
