PayPoint Announces Share Buyback to Enhance Value

Paypoint (GB:PAY) has released an update.

PayPoint plc has announced the repurchase of 11,997 of its own ordinary shares at a weighted average price of 819.9871 pence per share, with the intention to cancel these shares. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The company’s total share capital now consists of 71,690,159 ordinary shares, each carrying one vote.

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