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Boku Inc. Repurchases Shares to Optimize Capital Management
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Boku Inc. Repurchases Shares to Optimize Capital Management

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

Boku Inc. has announced the repurchase of 75,000 of its common shares at a price of 187.50 pence each, which will be held in treasury. Following this transaction, the total number of voting rights in the company is now 298,523,679, which impacts shareholder calculations under FCA’s Disclosure Guidance and Transparency Rules. The move reflects Boku’s strategic management of its share capital, potentially enhancing shareholder value and reinforcing its position in the mobile payments industry.

More about BOKU

Boku Inc., headquartered in London, UK, is a leading global provider of mobile payment solutions. The company specializes in mobile-first payments networks, including mobile wallets, direct carrier billing, and account-to-account real-time payments, reaching over 7.5 billion mobile payment accounts. Boku’s services are trusted by global leaders such as Amazon, Google, Microsoft, and Netflix.

YTD Price Performance: 3.30%

Average Trading Volume: 462,716

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £552.5M

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

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