The latest update is out from Paypoint ( (GB:PAY) ).
PayPoint plc has announced the repurchase of 11,845 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This move is part of a buyback program aimed at managing the company’s share capital, which currently consists of 71,014,414 ordinary shares. The transaction details, including prices and volumes, were disclosed to comply with regulatory requirements, and the cancellation of shares could impact the company’s market positioning by potentially increasing the value of remaining shares.
More about Paypoint
YTD Price Performance: -16.86%
Average Trading Volume: 180,855
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £454.2M
See more data about PAY stock on TipRanks’ Stock Analysis page.
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