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Georgia Capital PLC ( (GB:CGEO) ) has provided an announcement.
Georgia Capital PLC has announced a transaction involving the repurchase of 12,500 of its ordinary shares as part of a share buyback and cancellation program initiated in December 2024. This move, executed through Numis Securities Limited, aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and enhancing shareholder value. The repurchased shares will be held in treasury until their cancellation, affecting the company’s voting rights and share issuance numbers.
More about Georgia Capital PLC
Average Trading Volume: 84,299
Technical Sentiment Signal: Buy
Current Market Cap: £854.3M
Learn more about CGEO stock on TipRanks’ Stock Analysis page.