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PayPoint Announces Share Buyback Program

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PayPoint Announces Share Buyback Program

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

PayPoint plc, a company involved in financial transactions, has announced the purchase of 12,652 ordinary shares through Investec Bank plc, with the intention of cancelling them. This move is part of a share buyback program and highlights the company’s efforts to manage its share capital effectively, potentially impacting shareholder value by reducing the number of shares in circulation.

More about Paypoint

YTD Price Performance: -14.87%

Average Trading Volume: 193,152

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £472.7M

See more data about PAY stock on TipRanks’ Stock Analysis page.

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