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PayPoint’s Strategic Share Buyback Initiative
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PayPoint’s Strategic Share Buyback Initiative

Paypoint (GB:PAY) has released an update.

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PayPoint plc has announced the repurchase of 27,322 of its ordinary shares at a weighted average price of 823.44 pence through Investec Bank, with plans to cancel these shares. This move is part of the company’s share buyback program, aimed at managing its share capital effectively and potentially enhancing shareholder value. Currently, PayPoint’s share capital comprises 71,858,565 ordinary shares, each carrying one vote.

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

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