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Bank of Georgia Group Plc ( (GB:BGEO) ) has issued an update.
Lion Finance Group PLC announced the cancellation of 137,113 treasury shares as part of its GEL 98.0 million share buyback and cancellation programme. This move, which leaves no ordinary shares held in treasury, reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
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. The company operates through leading universal banks, Bank of Georgia and Ameriabank, focusing on customer-centric services to drive business growth, profitability, and stakeholder opportunities.
Average Trading Volume: 65,835
Technical Sentiment Signal: Buy
Current Market Cap: £3.24B
For an in-depth examination of BGEO stock, go to TipRanks’ Overview page.