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Accesso Technology Executes Share Buyback, Adjusts Share Count

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Accesso Technology Executes Share Buyback, Adjusts Share Count

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

Accesso Technology Group PLC announced the purchase and cancellation of 5,909 of its Ordinary Shares as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue to 40,282,597, impacting the company’s voting rights and potentially influencing shareholder interest and market perception.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £7.00 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 strong financial performance and strategic corporate actions such as share buybacks and acquisitions drive a positive score. The technical indicators suggest moderate momentum, while the high valuation reflects market optimism. The absence of earnings call data does not impact the overall assessment.

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

More about accesso Technology

Accesso Technology Group PLC operates within the technology industry, specializing in providing ticketing, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets.

Average Trading Volume: 83,949

Technical Sentiment Signal: Sell

Current Market Cap: £199.9M

See more insights into ACSO stock on TipRanks’ Stock Analysis page.

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