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Ameriprise Financial Reduces Stake in PayPoint plc

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Ameriprise Financial Reduces Stake in PayPoint plc

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Paypoint ( (GB:PAY) ) has provided an update.

PayPoint plc, a UK-based issuer, has been notified of a significant change in shareholding by Ameriprise Financial, Inc., a financial services company based in the United States. On February 14, 2025, Ameriprise Financial reduced its voting rights in PayPoint from 5.651% to 4.407%, as officially recorded on February 18, 2025. This change reflects a decrease in Ameriprise’s influence within PayPoint, potentially impacting its strategic decision-making and stakeholder dynamics.

More about Paypoint

YTD Price Performance: -14.87%

Average Trading Volume: 193,152

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £472.7M

For a thorough assessment of PAY stock, go to TipRanks’ Stock Analysis page.

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