Georgia Capital PLC ( (GB:CGEO) ) has issued an update.
Georgia Capital PLC has announced a transaction involving the repurchase of its own shares as part of a share buyback and cancellation program initiated in December 2024. The company repurchased 10,000 ordinary shares at a volume-weighted average price of 1918.2429 pence per share, with the highest price at 1938.0000 pence and the lowest at 1870.0000 pence. These shares will be held in treasury until they are canceled later this month, increasing the total number of treasury shares to 110,000 and leaving 37,433,619 ordinary shares in issue. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Georgia Capital PLC
Average Trading Volume: 100,891
Technical Sentiment Signal: Buy
Current Market Cap: £669.9M
See more data about CGEO stock on TipRanks’ Stock Analysis page.