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Paypoint ( (GB:PAY) ) has issued an update.
PayPoint plc, a leading company in the financial services sector, announced the repurchase of 10,244 of its ordinary shares through Investec Bank plc. The shares were bought at prices ranging from 720 to 736 pence, with a weighted average price of 731.6276 pence per share. The company plans to cancel these shares, affecting its total share capital, which currently stands at 71,461,356 shares. This move is part of PayPoint’s ongoing strategy to manage its share capital and could influence shareholders’ calculations regarding their interests in compliance with the FCA’s Disclosure Guidance and Transparency Rules.
More about Paypoint
YTD Price Performance: -6.92%
Average Trading Volume: 201,565
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £519.1M
Find detailed analytics on PAY stock on TipRanks’ Stock Analysis page.
