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Accesso Technology Executes Share Buyback

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Accesso Technology Executes Share Buyback

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

Accesso Technology Group PLC announced the purchase and cancellation of 11,556 of its ordinary shares as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue to 40,081,994, which may impact shareholder calculations regarding their interest in the company.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £8.00 price target. To see the full list of analyst forecasts on accesso Technology stock, see the GB:ACSO Stock Forecast page.

Spark’s Take on GB:ACSO Stock

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

Accesso Technology’s solid financial performance and strategic corporate actions are offset by weak technical indicators. The stock’s valuation is moderate, reflecting a growth profile but not particularly undervalued. Significant corporate events, especially the share buybacks, support the stock score positively.

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

More about accesso Technology

Accesso Technology Group PLC operates in the technology industry, providing solutions primarily focused on ticketing, point-of-sale, and virtual queuing systems for the entertainment and leisure sectors.

Average Trading Volume: 85,583

Technical Sentiment Signal: Sell

Current Market Cap: £170.3M

For detailed information about ACSO stock, go to TipRanks’ Stock Analysis page.

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