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Georgia Capital PLC ( (GB:CGEO) ) just unveiled an update.
Georgia Capital PLC has announced a transaction involving the repurchase of its own shares, facilitated by Numis Securities Limited, as part of a share buyback and cancellation program initiated in December 2024. The company purchased 20,000 ordinary shares at a volume-weighted average price of 2356.6230 pence per share on the London Stock Exchange. This move will increase the number of shares held in treasury to 95,000, while the total number of voting rights will be 35,606,857. The repurchase is part of a strategic effort to manage the company’s capital structure and potentially enhance shareholder value.
More about Georgia Capital PLC
Average Trading Volume: 89,570
Technical Sentiment Signal: Buy
Current Market Cap: £833.7M
For an in-depth examination of CGEO stock, go to TipRanks’ Overview page.