tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Accesso Technology Executes Share Buyback, Adjusts Share Capital

Story Highlights
  • Accesso Technology specializes in virtual queuing and ticketing services for global attractions.
  • The company bought back 21,655 shares, altering its share capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Accesso Technology Executes Share Buyback, Adjusts Share Capital

Elevate Your Investing Strategy:

accesso Technology ( (GB:ACSO) ) has provided an announcement.

Accesso Technology Group PLC has executed a share buyback, purchasing 21,655 of its Ordinary Shares at prices ranging from 423.00 GBp to 429.00 GBp, as part of its ongoing Share Buyback Programme. This transaction, conducted through Deutsche Numis, results in a total of 40,124,592 Ordinary Shares remaining in issue, impacting the company’s share capital structure and potentially influencing shareholder voting rights.

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 Neutral.

Accesso Technology’s strong financial performance and strategic corporate actions, including share buybacks and acquisitions, contribute positively to its stock score. However, bearish technical indicators and a lack of dividend yield constrain the overall attractiveness. The stock is fairly valued, providing a stable but not overly attractive investment opportunity.

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

More about accesso Technology

Accesso Technology Group PLC operates in the technology sector, focusing on providing innovative solutions for the entertainment, leisure, and cultural markets. The company specializes in virtual queuing, ticketing, and guest experience management services, catering primarily to theme parks, attractions, and venues globally.

Average Trading Volume: 95,280

Technical Sentiment Signal: Sell

Current Market Cap: £168M

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

Disclaimer & DisclosureReport an Issue

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
1