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Accesso Technology Executes Share Buyback, Adjusts Share Count

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Accesso Technology Executes Share Buyback, Adjusts Share Count

TipRanks Black Friday Sale

accesso Technology ( (GB:ACSO) ) just unveiled an update.

Accesso Technology Group PLC announced the purchase and cancellation of 30,000 ordinary shares as part of its share buyback program. This transaction reduces the total number of shares in issue to 38,907,088, which impacts the company’s total voting rights and may influence shareholder interest calculations under FCA rules.

The most recent analyst rating on (GB:ACSO) stock is a Hold with a £410.00 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 overall stock score is driven by strong financial performance and strategic initiatives highlighted in the earnings call. However, technical indicators suggest bearish momentum, and valuation metrics are moderate. The absence of a dividend yield and current market challenges also weigh on the score.

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, focusing on providing ticketing, point of sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural sectors.

Average Trading Volume: 123,611

Technical Sentiment Signal: Sell

Current Market Cap: £128.3M

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

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