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Boku Inc. Executes Share Buyback to Strengthen Market Position
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Boku Inc. Executes Share Buyback to Strengthen Market Position

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

Boku Inc. has announced the purchase of 100,000 of its common shares at a price of 182 pence per share, a move facilitated through Investec Bank plc. The acquired shares will be held in treasury, and following this transaction, Boku’s total issued share capital consists of 303,110,613 common shares, with 4,511,934 held in treasury. Consequently, the total number of voting rights stands at 298,598,679. This strategic buyback may indicate Boku’s confidence in its market positioning and could impact shareholder value and interest calculations under the FCA’s rules.

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 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. Founded in 2008, Boku is headquartered in London, UK, with offices in multiple countries worldwide.

YTD Price Performance: -0.27%

Average Trading Volume: 452,313

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £542.1M

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

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