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An announcement from Bank of Georgia Group Plc ( (GB:BGEO) ) is now available.
Lion Finance Group PLC announced a transaction involving the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation program. This move, executed by Cavendish Capital Markets Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. The repurchased shares will be held in Treasury until cancellation, affecting the total number of shares with voting rights and possibly impacting shareholder notifications under regulatory guidelines.
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 with key 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 and aiming to drive business growth, sustain high profitability, and generate strong returns while contributing positively to the communities they serve.
Average Trading Volume: 61,393
Technical Sentiment Signal: Buy
Current Market Cap: £3.27B
For an in-depth examination of BGEO stock, go to TipRanks’ Overview page.