Accesso Technology Executes Share Buyback

The latest announcement is out from accesso Technology ( (GB:ACSO) ).

Accesso Technology Group, a company involved in technology solutions, announced a transaction involving the buyback of its own shares. The company purchased 21,713 of its Ordinary 1p Shares at prices ranging from 484.00 GBp to 490.00 GBp, with an average price of 488.3678 GBp. These shares will be cancelled, reducing the total number of shares in issue to 40,812,066. This move is part of the company’s ongoing share buyback programme and impacts the total voting rights available to shareholders.

Spark’s Take on GB:ACSO Stock

According to Spark, TipRanks’ AI Analyst, GB:ACSO is a Outperform.

Accesso Technology receives a solid overall score due to its robust financial performance and strategic corporate actions. The company’s balance sheet strength and operational efficiency are key strengths, while technical indicators show positive momentum. However, the high valuation might limit attractiveness to value investors. Recent corporate events like acquisitions and share buybacks further support a positive outlook.

To see Spark’s full report on GB:ACSO stock, click here.

More about accesso Technology

Average Trading Volume: 93,661

Technical Sentiment Signal: Sell

Current Market Cap: £193.8M

Find detailed analytics on ACSO stock on TipRanks’ Stock Analysis page.