Georgia Capital PLC Executes Share Buyback as Part of Capital Optimization Strategy

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Georgia Capital PLC ( (GB:CGEO) ) has issued an update.

Georgia Capital PLC, a company listed on the London Stock Exchange, has announced a share buyback transaction as part of its previously declared buyback and cancellation program. The company repurchased 11,183 of its ordinary shares at a price of 1218 pence per share. These shares will initially be held in treasury pending an application for their cancellation. This move is likely aimed at consolidating the company’s share capital and enhancing shareholder value.

More about Georgia Capital PLC

YTD Price Performance: 0.50%

Average Trading Volume: 94,722

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £476.1M

For an in-depth examination of CGEO stock, go to TipRanks’ Stock Analysis page.

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