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Boku Inc. Announces Share Buyback Program

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Boku Inc. Announces Share Buyback Program

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An update from BOKU ( (GB:BOKU) ) is now available.

Boku Inc. has repurchased 100,000 of its common shares at a price of 164 pence each, intending to hold these shares in treasury. This transaction, executed through Investec Bank plc, results in a total of 295,513,679 voting rights for the company. The share buyback could impact Boku’s financial strategy and reflect confidence in its current market position, potentially influencing shareholder value.

More about BOKU

Boku Inc. is a leading global provider of mobile payment solutions, including mobile wallets, direct carrier billing, and account to account/real-time payments. The company, incorporated in 2008 and headquartered in London, UK, operates a mobile-first payments network that reaches over 7.5 billion mobile payment accounts. Boku’s services are trusted by global leaders such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent.

YTD Price Performance: -9.07%

Average Trading Volume: 585,652

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £489.2M

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

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