Paypoint (GB:PAY) has released an update.
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PayPoint plc has repurchased 6,217 of its ordinary shares through Investec Bank plc, at a weighted average price of 784.3384 pence per share. The company plans to cancel these shares, impacting its total share capital, which currently stands at 71,950,736 shares. This buyback is part of PayPoint’s broader strategy to manage its capital structure effectively.
For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.