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Boku Inc. Executes Share Buyback, Adjusts Share Capital
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Boku Inc. Executes Share Buyback, Adjusts Share Capital

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

Boku Inc. announced the purchase of 200,000 of its common shares at a price of 182 pence each through Investec Bank plc, intending to hold the shares in treasury. This transaction adjusts Boku’s total issued share capital to 303,110,613 common shares, with 4,548,434 held in treasury, impacting the number of voting rights to 298,562,179. This move may influence shareholder interest calculations under the FCA’s rules and could potentially affect market perceptions of Boku’s stock value.

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 payments. With a reach of over 7.5 billion mobile payment accounts, Boku’s services are trusted by major global companies such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. The company was founded in 2008, headquartered in London, UK, and maintains offices in several countries worldwide.

YTD Price Performance: 36.33%

Average Trading Volume: 447,376

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £544.6M

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

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