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Boku Inc. Acquires 100,000 Shares for Treasury

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Boku Inc. Acquires 100,000 Shares for Treasury

BOKU ( (GB:BOKU) ) has issued an update.

Boku Inc. announced the purchase of 100,000 of its common shares through Investec Bank plc, intending to hold these shares in treasury. This transaction adjusts the company’s total voting rights to 297,344,704, which shareholders can use for regulatory calculations. This strategic move may impact Boku’s market positioning by potentially enhancing shareholder value and adjusting its capital structure.

More about BOKU

Boku Inc. is a leading global provider of mobile payment solutions, offering a mobile-first payments network that includes mobile wallets, direct carrier billing, and real-time payment schemes. The company serves over 7.5 billion mobile payment accounts and is trusted by major global companies such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Founded in 2008, Boku is headquartered in London, UK, with a presence in multiple countries worldwide.

YTD Price Performance: -8.79%

Average Trading Volume: 954,815

Technical Sentiment Signal: Sell

Current Market Cap: £493.8M

Learn more about BOKU stock on TipRanks’ Stock Analysis page.

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