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Paypoint ( (GB:PAY) ) has provided an announcement.
PayPoint plc has announced the purchase of 11,498 of its own ordinary shares, with plans to cancel these shares. This move is part of the company’s share buyback program, which could impact the company’s share capital and potentially influence shareholder decisions. Following the buyback, PayPoint’s share capital now consists of 71,306,268 ordinary shares, which will serve as the new denominator for stakeholders to calculate ownership interests under financial regulations.
More about Paypoint
PayPoint plc operates in the financial services industry, providing payment systems and services that facilitate transactions for consumers and businesses. The company’s services are centered around secure and efficient payment solutions, addressing market needs for seamless transaction management.
YTD Price Performance: -9.49%
Average Trading Volume: 216,876
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £501.7M
Learn more about PAY stock on TipRanks’ Stock Analysis page.
