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Lion Finance Group Executes Share Buyback to Optimize Capital Structure

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Lion Finance Group Executes Share Buyback to Optimize Capital Structure

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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an update.

Lion Finance Group PLC announced a share buyback transaction where Cavendish Capital Markets Limited purchased 5,000 ordinary shares on the London Stock Exchange as part of a previously announced buyback and cancellation program. This move is expected to impact the company’s share structure, reducing the total number of ordinary shares with voting rights to 43,651,463, which could influence shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 through its main subsidiaries, providing banking and financial services in the high-growth markets of Georgia and Armenia. The company operates leading customer-centric universal banks, Bank of Georgia and Ameriabank, focusing on driving business growth, sustaining high profitability, and generating strong returns while contributing positively to the communities they serve.

Average Trading Volume: 61,560

Technical Sentiment Signal: Buy

Current Market Cap: £3.37B

For detailed information about BGEO stock, go to TipRanks’ Stock Analysis page.

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