Georgia Capital PLC ( (GB:CGEO) ) has provided an update.
Georgia Capital PLC has announced a transaction involving the repurchase of 15,000 of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. The shares were purchased on the London Stock Exchange at a volume-weighted average price of 1548.7325 pence per share. This move will result in an application to cancel the repurchased shares, impacting the company’s treasury and voting rights, with 605,000 shares now held in treasury and 37,785,419 voting rights remaining. The transaction is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.
More about Georgia Capital PLC
YTD Price Performance: 29.00%
Average Trading Volume: 74,962
Technical Sentiment Signal: Sell
Current Market Cap: £585.4M
See more data about CGEO stock on TipRanks’ Stock Analysis page.