Paypoint (GB:PAY) has released an update.
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PayPoint plc has executed a share buyback, acquiring 10,563 of its ordinary shares through Investec Bank at an average price of 830.75 pence per share. The company plans to cancel these shares, potentially impacting the overall share capital and influencing shareholder calculations under the FCA’s rules. This strategic move may affect investor perceptions and the stock’s market presence.
For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.