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Boku Inc. Strengthens Position with Share Repurchase
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Boku Inc. Strengthens Position with Share Repurchase

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

Boku Inc. announced the purchase of 125,000 of its own shares, which will be held in treasury, highlighting the company’s active management of its share capital. This transaction, executed through Investec Bank plc, adjusts Boku’s total voting rights to 299,702,179, providing a reference for shareholders regarding their interest in the company. The move may reflect Boku’s confidence in its financial stability and strategic positioning within the mobile payment industry.

More about BOKU

Boku Inc. is a leading global provider of mobile payment solutions, offering services such as mobile wallets, direct carrier billing, and real-time payments through a network that reaches over 7.5 billion mobile payment accounts. The company partners with major clients like Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Founded in 2008, Boku is headquartered in London, UK, with a global presence across several countries.

YTD Price Performance: 39.33%

Average Trading Volume: 542,745

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £557.9M

For a thorough assessment of BOKU stock, go to TipRanks’ Stock Analysis page.

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