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An announcement from Paypoint ( (GB:PAY) ) is now available.
PayPoint plc, a company operating in the financial services sector, has announced the repurchase of 12,072 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This move is part of a buyback program designed to optimize the company’s share capital management. The company’s share capital now consists of 71,577,051 ordinary shares, each granting one voting right in general meetings. This action allows shareholders and stakeholders to adjust their interest calculations in compliance with the FCA’s rules, potentially impacting their notification obligations.
More about Paypoint
YTD Price Performance: 57.95%
Average Trading Volume: 191,683
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £555.2M
For an in-depth examination of PAY stock, go to TipRanks’ Stock Analysis page.
