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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an announcement.
Lion Finance Group PLC has announced a transaction involving the repurchase of 4,509 ordinary shares on the London Stock Exchange as part of its share buyback and cancellation programme. This strategic move is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and strengthening the company’s market position.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company with subsidiaries providing banking and financial services in the high-growth markets of Georgia and Armenia through Bank of Georgia and Ameriabank. The company focuses on customer-centric universal banking, aiming to drive business growth, maintain high profitability, and generate strong returns while contributing positively to the communities they operate in.
Average Trading Volume: 70,000
Technical Sentiment Signal: Buy
Current Market Cap: £3.38B
Find detailed analytics on BGEO stock on TipRanks’ Stock Analysis page.