tiprankstipranks
PayPoint Announces Share Buyback and Cancellation
Company Announcements

PayPoint Announces Share Buyback and Cancellation

Story Highlights

Stay Ahead of the Market:

The latest announcement is out from Paypoint ( (GB:PAY) ).

PayPoint plc has announced the repurchase of 9,583 of its ordinary shares through Investec Bank plc, with prices ranging from 780.00 to 789.00 pence per share. The repurchased shares are intended for cancellation, which will adjust the company’s share capital, a move that may impact shareholder obligations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Paypoint

YTD Price Performance: 0.51%

Average Trading Volume: 195,429

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £560.5M

Find detailed analytics on PAY stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskPayPoint Announces Share Buyback and Capital Reduction
TipRanks UK Auto-Generated NewsdeskPayPoint Conducts Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App