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title: "Update on share buyback programme"
description: "Georgia Capital PLC (the “Group” or “Georgia Capital”) announces, that its board of directors (the “Board”) has approved the following:market purchase of "
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01 Aug 2019

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Georgia Capital PLC (the **“Group”** or **“Georgia Capital”**) announces, that its board of directors (the **“Board”**) has approved the following:

 

- market purchase of the Group’s shares (**“Shares”**) of up to US$ 20 million for the JSC Georgia Capital Executive Equity Compensation Trust (“**Trust**”); and
- the cancellation of the remaining Shares repurchased, or that will be repurchased under the ongoing US$ 45 million Share buyback programme, including the 430,675 which are currently held in treasury. Approximately $42.5 million of shares have been purchased to date.

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