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Accesso Technology Executes Share Buyback, Cancels 15,000 Shares

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Accesso Technology Executes Share Buyback, Cancels 15,000 Shares

Elevate Your Investing Strategy:

An update from accesso Technology ( (GB:ACSO) ) is now available.

Accesso Technology Group PLC has executed a share buyback program, purchasing 15,000 of its ordinary shares at prices between 500.00 GBp and 502.00 GBp, with the shares subsequently cancelled. This action reduces the total number of shares in circulation to 40,392,638, potentially impacting shareholder voting rights and interest calculations under regulatory guidelines.

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 receives a strong overall score due to its robust financial performance, evidenced by consistent revenue growth and solid balance sheet. Positive technical indicators and strategic corporate actions like share buybacks and acquisitions further enhance the stock’s attractiveness. Valuation remains fair with a decent P/E ratio, although the absence of a dividend yield is a minor drawback.

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 innovative solutions primarily focused on ticketing, point-of-sale, and virtual queuing systems for attractions and venues worldwide.

Average Trading Volume: 91,924

Technical Sentiment Signal: Sell

Current Market Cap: £198.9M

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

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