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Accesso Technology Executes Share Buyback, Alters Voting Rights

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Accesso Technology Executes Share Buyback, Alters Voting Rights

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

Accesso Technology Group PLC, a company involved in the technology sector, announced a recent transaction involving the purchase and cancellation of 14,143 of its Ordinary Shares as part of its ongoing share buyback programme. This move reduces the total number of Ordinary Shares in issue to 39,608,800, impacting the company’s total voting rights and potentially affecting shareholder interests in accordance with regulatory requirements.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £474.00 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 is the most significant factor, supported by consistent revenue growth and a robust balance sheet. However, the technical analysis indicates a bearish trend, which weighs down the overall score. The valuation is moderate, with a reasonable P/E ratio but no dividend yield. The absence of earnings call and corporate events data did not affect the score.

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

More about accesso Technology

Average Trading Volume: 83,128

Technical Sentiment Signal: Sell

Current Market Cap: £166.2M

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

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