tiprankstipranks
PayPoint plc Announces Share Buyback and Cancellation
Company Announcements

PayPoint plc Announces Share Buyback and Cancellation

Story Highlights

Pick the best stocks and maximize your portfolio:

Paypoint ( (GB:PAY) ) has provided an announcement.

PayPoint plc, a company involved in financial services and transactions, has announced the repurchase of 9,221 of its ordinary shares through Investec Bank plc. The shares were purchased at prices between 759.00 pence and 770.00 pence, with a weighted average price of 766.6401 pence. The company plans to cancel these shares, affecting its share capital, which consists of 71,577,051 ordinary shares. This transaction is part of a buyback program, potentially impacting the company’s market positioning and shareholder interests.

More about Paypoint

YTD Price Performance: 56.73%

Average Trading Volume: 192,029

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £550.4M

See more data about PAY stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskPayPoint Announces Share Repurchase and Cancellation
TipRanks UK Auto-Generated NewsdeskPayPoint Announces Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App