LSE Listed Lion Finance Group PLC Executes Bold Move to Buy Back, Cancel Shares; More to Come
Lion Finance Group PLC, a prestigious member of the London Stock Exchange (LSE: BGEO LN), has recently launched a courageous financial move - a sweeping buyback of its own shares. Dated the 25th of April, 2025, Cavendish Capital Markets Limited, acting on behalf of Lion Finance, purchased a significant number of ordinary shares on the London Stock Exchange.
According to the official announcement, the repurchased shares were part of an ongoing share buyback and cancellation programme launched on August 22, 2024, and extended on February 25, 2025. Specifically, 5,000 shares were repurchased, with Lion Finance Group paying a volume-weighted average price. The highest price paid per share was 5765.0000p, the lowest price 5650.0000p, bringing the average market price paid per share to 5706.3490p.
In Lion Finance Group’s case, following the cancellation of the 5,000 repurchased shares, the total number of ordinary shares with voting rights will decrease to 44,085,708. This figure will now serve as the reference for shareholders when determining their disclosure obligations under the FCA’s Disclosure Guidance and Transparency Rules.
Lion Finance Group has also expressed its intention to make further announcements following completion of any additional purchases under its Buyback Programme. This strategic and well-planned move by Lion Finance Group has proven its proactive approach to its financial pipeline, potentially heralding new levels of growth and investor engagement.
- •Transaction in Own Shares investegate.co.uk25-04-2025