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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, operating in the financial sector, executed the purchase of 30,000 shares at an average price of 2363.0093 pence per share. This move is aimed at reducing the number of shares in circulation, potentially enhancing shareholder value and optimizing capital structure. The repurchased shares will be held in treasury until they are formally canceled, impacting the company’s voting rights and shares in issue.
More about Georgia Capital PLC
Average Trading Volume: 63,869
Technical Sentiment Signal: Buy
Current Market Cap: £857.4M
For detailed information about CGEO stock, go to TipRanks’ Stock Analysis page.