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Paypoint ( (GB:PAY) ) has provided an update.
PayPoint plc, a payments solutions provider, has announced the repurchase of 8,109 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This move, part of a share buyback program, aims to optimize capital structure and potentially enhance shareholder value. The company currently has a total share capital of 71,495,093 ordinary shares, each carrying one vote at general meetings. The announcement provides important information for shareholders regarding changes to their holdings and the implications under the FCA’s Disclosure Guidance and Transparency Rules.
More about Paypoint
Average Trading Volume: 193,872
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £557.9M
For detailed information about PAY stock, go to TipRanks’ Stock Analysis page.
