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PayPoint Announces Share Buyback and Cancellation

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PayPoint Announces Share Buyback and Cancellation

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Paypoint ( (GB:PAY) ) has issued an update.

PayPoint plc has announced a buyback of 12,228 ordinary shares as part of its share repurchase program, with plans to cancel these shares. This move affects the company’s share capital, which currently stands at 71,248,946 ordinary shares, potentially impacting shareholder calculations and interests under FCA regulations.

More about Paypoint

PayPoint plc operates in the financial services industry, primarily offering payment and retail technology solutions. Its services focus on facilitating convenient and secure transactions for consumers and businesses across the UK.

YTD Price Performance: -12.69%

Average Trading Volume: 219,434

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £485.6M

Learn more about PAY stock on TipRanks’ Stock Analysis page.

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