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An announcement 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 of its own shares on the London Stock Exchange as part of its ongoing share buyback and cancellation program. This move is aimed at reducing the number of shares with voting rights, potentially enhancing shareholder value. The repurchased shares will be held in Treasury until they are canceled, and the company plans to make further announcements as the buyback program progresses.
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 primary operations in banking and financial services, focusing on the high-growth markets of Georgia and Armenia. The company operates through its main subsidiaries, Bank of Georgia and Ameriabank, which are leading universal banks in their respective regions. Lion Finance Group is committed to driving business growth, maintaining high profitability, and generating strong returns while contributing positively to the communities it serves.
Average Trading Volume: 62,360
Technical Sentiment Signal: Buy
Current Market Cap: £3.43B
Learn more about BGEO stock on TipRanks’ Stock Analysis page.