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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 10,000 ordinary shares as part of its ongoing share buyback and cancellation program. The shares were purchased on the London Stock Exchange by Cavendish Capital Markets Limited at an average price of 7508.3703 pence per share. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The repurchased shares will be held in treasury until they are canceled, reducing the total number of shares with voting rights to 43,606,463, which may impact shareholder calculations under FCA 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 with primary operations in the banking and financial services industry. The company focuses on high-growth markets in Georgia and Armenia through its subsidiaries, Bank of Georgia and Ameriabank, which are leading customer-centric universal banks. Lion Finance Group is committed to business growth, high profitability, and strong returns, while contributing positively to the communities it serves.
Average Trading Volume: 61,053
Technical Sentiment Signal: Buy
Current Market Cap: £3.22B
For detailed information about BGEO stock, go to TipRanks’ Stock Analysis page.