Paypoint (GB:PAY) has released an update.
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PayPoint plc has repurchased 11,938 of its ordinary shares at a weighted average price of 629.6078 pence, with the highest price reaching 642 pence per share. This move, executed through Investec Bank, is part of the company’s share buyback program and the shares will be cancelled. Investors may view this buyback as a strategic effort to enhance shareholder value.
For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.
