tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Accesso Technology Executes Share Buyback, Cancels 15,000 Shares

Story Highlights
Accesso Technology Executes Share Buyback, Cancels 15,000 Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from accesso Technology ( (GB:ACSO) ).

Accesso Technology Group PLC announced the purchase and subsequent cancellation of 15,000 of its own ordinary shares as part of its ongoing share buyback program. This move reduces the total number of shares in issue to 39,501,698, potentially impacting shareholder voting rights and interest calculations.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £497.00 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 overall stock score of 77 reflects its strong financial performance and strategic growth initiatives. The company’s robust balance sheet and operational efficiency are significant strengths. While technical indicators show short-term bullish momentum, longer-term resistance remains a concern. The valuation is reasonable, and the company’s strategic focus on technology and acquisitions supports future growth prospects.

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 solutions primarily focused on ticketing and virtual queuing services for attractions and venues worldwide.

Average Trading Volume: 81,409

Technical Sentiment Signal: Sell

Current Market Cap: £169.5M

For an in-depth examination of ACSO stock, go to TipRanks’ Overview 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