tiprankstipranks
Boku Inc. Announces Share Repurchase to Adjust Capital Structure
Company Announcements

Boku Inc. Announces Share Repurchase to Adjust Capital Structure

Story Highlights

Pick the best stocks and maximize your portfolio:

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

Boku Inc. has announced the repurchase of 390,000 of its common shares through Investec Bank plc, with plans to hold these shares in treasury. This move adjusts Boku’s total issued share capital to 303,110,613 shares, with 4,183,434 of these held in treasury, impacting the total voting rights and potentially signaling an effort to consolidate ownership or manage shareholder interests.

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 reaches over 7.5 billion mobile payment accounts through a single integration, serving global leaders like Amazon, Meta, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Founded in 2008, Boku is headquartered in London, UK, with offices worldwide.

YTD Price Performance: 37.83%

Average Trading Volume: 564,471

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £550.6M

Find detailed analytics on BOKU stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskBoku Inc. Strengthens Its Treasury with Share Buyback
TipRanks UK Auto-Generated NewsdeskBoku Inc. Executes Share Buyback to Adjust Capital Structure
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App