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PayPoint Announces Share Buyback and Cancellation

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PayPoint Announces Share Buyback and Cancellation

An announcement from Paypoint ( (GB:PAY) ) is now available.

PayPoint plc, a company involved in facilitating transactions, has announced the repurchase of 12,789 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This move will reduce the total share capital to 71,134,131 ordinary shares, affecting the calculations for stakeholders’ interests as per FCA’s guidelines.

More about Paypoint

YTD Price Performance: -13.72%

Average Trading Volume: 187,677

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £478.7M

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

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Questions or Comments about the article? Write to editor@tipranks.com
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