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PayPoint Announces Share Buyback and Cancellation

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PayPoint Announces Share Buyback and Cancellation

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

PayPoint plc, a company involved in financial transactions, has announced the repurchase of 12,778 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This move is part of a buyback program, reflecting a strategic decision to manage its share capital, potentially impacting shareholder value and market perception.

More about Paypoint

YTD Price Performance: -19.46%

Average Trading Volume: 172,556

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £439.6M

For detailed information about PAY stock, go to TipRanks’ Stock Analysis page.

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