Paypoint (GB:PAY) has released an update.
PayPoint plc has successfully bought back 5,793 of its ordinary shares at prices ranging from 664 to 671 pence per share, with the intention of cancelling them to reduce share capital. Following this transaction, the company’s remaining share capital consists of 72,085,407 ordinary shares, each with voting rights at general meetings. This buyback is part of a larger programme, detailed in a comprehensive breakdown of trades conducted by Investec Bank plc on PayPoint’s behalf.
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