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Boku Inc. Executes Share Buyback, Adjusts Voting Rights

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Boku Inc. Executes Share Buyback, Adjusts Voting Rights

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The latest announcement is out from BOKU ( (GB:BOKU) ).

Boku Inc. has announced the repurchase of 590,000 of its common shares through Investec Bank plc, with plans to hold these shares in treasury. This transaction affects the company’s total voting rights, adjusting the figure that shareholders should use for determining their interest notifications under regulatory guidelines, which may impact stakeholder calculations and regulatory compliance.

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 through a single integration and is trusted by major companies like Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Incorporated in 2008, Boku is headquartered in London with offices across the US, India, Brazil, China, and several other countries.

YTD Price Performance: -7.69%

Average Trading Volume: 564,021

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £498.6M

For an in-depth examination of BOKU stock, go to TipRanks’ Stock Analysis page.

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