PayPoint Announces Share Buyback and Cancellation

Paypoint (GB:PAY) has released an update.

PayPoint plc has repurchased 31,833 of its own shares at prices ranging from 821 pence to 829 pence, with a weighted average price of 826.33 pence. The company plans to cancel these shares, which aligns with their strategy to manage share capital effectively. This move leaves PayPoint’s total share capital at 71,815,459 ordinary shares, providing insight into their shareholder dynamics.

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