Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Bank of Georgia Group Plc ( (GB:BGEO) ) just unveiled an announcement.
Lion Finance Group PLC announced a share buyback transaction where Cavendish Capital Markets Limited purchased 5,000 ordinary shares on behalf of the company as part of a previously announced buyback and cancellation program. This move is expected to impact the company’s share capital structure by reducing the number of shares with voting rights, potentially affecting shareholder calculations under FCA’s Disclosure Guidance and Transparency Rules. The company plans to make further announcements upon completion of additional purchases under this program.
The most recent analyst rating on (GB:BGEO) stock is a Buy with a £92.00 price target. To see the full list of analyst forecasts on Bank of Georgia Group Plc stock, see the GB:BGEO Stock Forecast page.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company that operates primarily in the banking and financial services industry, focusing on high-growth markets in Georgia and Armenia. Through its main subsidiaries, Bank of Georgia and Ameriabank, the company offers customer-centric, universal banking services aimed at driving business growth, maintaining high profitability, and generating strong returns while contributing positively to the communities it serves.
Average Trading Volume: 63,539
Technical Sentiment Signal: Buy
Current Market Cap: £3.34B
For a thorough assessment of BGEO stock, go to TipRanks’ Stock Analysis page.