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An update from Bank of Georgia Group Plc ( (GB:BGEO) ) is now available.
Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 ordinary shares on the London Stock Exchange as part of its ongoing share buyback and cancellation program. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, with the repurchased shares set to be cancelled, reducing the total number of shares with voting rights to 44,020,816.
The most recent analyst rating on (GB:BGEO) stock is a Buy with a £45.50 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 with subsidiaries that provide 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, maintain high profitability, and generate strong returns while contributing positively to the communities they serve.
Average Trading Volume: 71,046
Technical Sentiment Signal: Buy
Current Market Cap: £2.97B
For an in-depth examination of BGEO stock, go to TipRanks’ Stock Analysis page.