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The latest update is out from Paypoint ( (GB:PAY) ).
PayPoint plc has announced the purchase of 11,677 of its own ordinary shares as part of a buyback program, conducted through Investec Bank plc. The move is aimed at canceling the purchased shares, which will consequently adjust the company’s share capital to 71,633,892 ordinary shares. This transaction may impact shareholder calculations regarding their interests in the company, as these figures are used under FCA’s Disclosure Guidance and Transparency Rules.
More about Paypoint
PayPoint plc operates within the financial services industry, providing payment solutions and services primarily focused on convenience retail, e-commerce, and bill payment sectors. The company is known for its network of retail partners and offers a variety of services including bill payments, mobile top-ups, and parcel collection.
YTD Price Performance: 61.42%
Average Trading Volume: 187,358
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £567.3M
See more insights into PAY stock on TipRanks’ Stock Analysis page.
