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Paypoint ( (GB:PAY) ) has issued an update.
PayPoint plc has executed a buyback of 12,884 ordinary shares through Investec Bank plc, with the aim of canceling these shares. This move is part of a broader strategy to manage its share capital, which stands at 71,134,131 shares. The transaction, conducted on February 19, 2025, saw share prices ranging between 649.00 and 677.00 pence, with a weighted average price of 664.6906 pence. This buyback could potentially impact shareholder value and the company’s market presence as it adjusts its capital structure.
More about Paypoint
PayPoint plc is a company that operates in the financial services industry, focusing on providing payment solutions. It offers a range of services that facilitate bill payments, mobile phone top-ups, and other financial transactions.
YTD Price Performance: -13.59%
Average Trading Volume: 196,010
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £464.9M
For a thorough assessment of PAY stock, go to TipRanks’ Stock Analysis page.
