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Paypoint ( (GB:PAY) ) just unveiled an announcement.
PayPoint plc announced a buyback of 12,089 of its ordinary shares, with a weighted average price of 674.4587 pence per share, facilitated by Investec Bank plc. This move is part of the company’s strategy to manage its capital structure and may influence shareholder value and market perception by reducing the number of outstanding shares, potentially increasing earnings per share.
More about Paypoint
PayPoint plc is a company that operates in the financial services industry, primarily offering payment systems and service solutions. The company focuses on providing efficient payment and transaction services, serving as an intermediary between businesses and consumers.
YTD Price Performance: -14.36%
Average Trading Volume: 198,516
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £475.5M
For detailed information about PAY stock, go to TipRanks’ Stock Analysis page.
