Paypoint (GB:PAY) has released an update.
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PayPoint plc has announced the purchase of 24,795 of its own ordinary shares through Investec Bank, with prices ranging from 826 to 843 pence per share, and a weighted average price of approximately 830.75 pence. The company plans to cancel these shares as part of its buyback program, adjusting its share capital accordingly. This move is part of PayPoint’s ongoing strategy to manage its capital structure and potentially enhance shareholder value.
For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.
