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Accesso Technology Executes Share Buyback, Cancels 18,000 Shares

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Accesso Technology Executes Share Buyback, Cancels 18,000 Shares

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

Accesso Technology Group PLC announced the purchase and cancellation of 18,000 of its Ordinary 1p Shares as part of its share buyback programme. This transaction reduces the total number of shares in issue to 40,031,085, impacting the company’s voting rights and potentially influencing shareholder interests.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £550.00 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 board reinforcement, are significant positives. However, the stock’s current technical indicators suggest bearish momentum, and the valuation is relatively high without a dividend yield. These factors contribute to an overall stock score of 71.

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 ticketing and virtual queuing solutions primarily for the attractions and leisure sectors. The company focuses on enhancing guest experiences and operational efficiency for theme parks, water parks, cultural attractions, and live entertainment venues.

Average Trading Volume: 73,031

Technical Sentiment Signal: Sell

Current Market Cap: £175.6M

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

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