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Bank of Georgia Group Plc ( (GB:BGEO) ) has issued an update.
Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation program. This move is expected to impact the company’s share capital structure, reducing the total number of ordinary shares with voting rights to 44,015,816. The repurchased shares will be held in Treasury until their cancellation, which may affect 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 £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 that operates through its main subsidiaries, providing banking and financial services in the high-growth markets of Georgia and Armenia. It operates leading, customer-centric universal banks, namely Bank of Georgia and Ameriabank, focusing on driving business growth, sustaining high profitability, and generating strong returns while contributing positively to the communities it serves.
Average Trading Volume: 74,221
Technical Sentiment Signal: Buy
Current Market Cap: £2.8B
See more insights into BGEO stock on TipRanks’ Stock Analysis page.