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Boku Inc. Acquires 300,000 Common Shares to Enhance Share Capital Management
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Boku Inc. Acquires 300,000 Common Shares to Enhance Share Capital Management

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BOKU ( (GB:BOKU) ) just unveiled an update.

Boku Inc. announced the purchase of 300,000 common shares, which will be held in treasury, with the transaction conducted through Investec Bank plc. This move is part of Boku’s strategy to manage its share capital efficiently, potentially impacting the company’s stock market positioning and shareholder value. The total issued share capital now stands at 303,110,613 common shares, with 5,426,934 held in treasury, resulting in a total of 297,683,679 voting rights. This development may influence stakeholder decisions regarding their investment interests in the company.

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 account-to-account real-time payment schemes. The company reaches over 7.5 billion mobile payment accounts through a single integration and serves global leaders such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Established in 2008, Boku is headquartered in London, UK, with offices in various countries worldwide.

YTD Price Performance: 5.77%

Average Trading Volume: 528,167

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £573.6M

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

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