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PayPoint Announces Share Buyback and Cancellation

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PayPoint Announces Share Buyback and Cancellation

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

PayPoint plc, a company involved in financial transactions, announced the purchase of 12,881 of its ordinary shares through Investec Bank plc, with the intention to cancel these shares. This move is part of a buyback program aimed at reducing the number of shares in circulation, which could potentially increase the value of remaining shares and impact shareholder interests.

More about Paypoint

YTD Price Performance: -18.68%

Average Trading Volume: 173,863

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £443.8M

For a thorough assessment of PAY stock, go to TipRanks’ Stock Analysis page.

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

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