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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an announcement.
Lion Finance Group PLC, listed on the London Stock Exchange, has executed a share buyback program, purchasing 10,000 ordinary shares through Cavendish Capital Markets Limited. The shares were bought at an average price of 7375.0700 pence and will be held in Treasury until their cancellation, reducing the total number of shares with voting rights to 43,616,463. This buyback initiative is part of a previously announced program aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
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
Average Trading Volume: 60,669
Technical Sentiment Signal: Buy
Current Market Cap: £3.34B
For a thorough assessment of BGEO stock, go to TipRanks’ Stock Analysis page.