PayPoint Executes Share Buyback and Cancellation
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PayPoint Executes Share Buyback and Cancellation

Paypoint (GB:PAY) has released an update.

PayPoint plc has announced the purchase and subsequent cancellation of 18,588 of its own ordinary shares, with transactions conducted through Investec Bank plc. The shares were bought at prices ranging from 637.00 to 653.00 pence per share, with a weighted average price of 649.4420 pence. This move is part of the company’s share buyback program aimed at reducing the total number of shares in circulation.

For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.

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