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Bank of Georgia Group Plc ( (GB:BGEO) ) has shared an update.
Lion Finance Group PLC has announced the repurchase of 5,000 ordinary shares as part of its ongoing share buyback and cancellation program. This move is expected to reduce the total number of voting shares to 43,641,463, potentially impacting shareholder calculations under FCA rules. The buyback, executed by Cavendish Capital Markets Limited, reflects the company’s strategy to optimize its capital structure and deliver value to its stakeholders.
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 primarily in the high-growth markets of Georgia and Armenia. Through its subsidiaries, Bank of Georgia and Ameriabank, the company provides banking and financial services with a focus on customer-centric, universal banking. Lion Finance Group aims to drive business growth, maintain high profitability, and generate strong returns while contributing positively to the communities it serves.
Average Trading Volume: 61,435
Technical Sentiment Signal: Buy
Current Market Cap: £3.4B
See more insights into BGEO stock on TipRanks’ Stock Analysis page.