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Accesso Technology Executes Share Buyback, Cancels 19,000 Shares

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Accesso Technology Executes Share Buyback, Cancels 19,000 Shares

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

Accesso Technology Group PLC announced the purchase and cancellation of 19,000 of its Ordinary Shares as part of its ongoing share buyback programme. This transaction reduces the total number of shares in issue to 39,855,208, which impacts the company’s capital structure and could influence shareholder voting rights and market perception.

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 Neutral.

Accesso Technology’s overall stock score is driven by its strong financial performance and strategic corporate actions, such as share buybacks and partnership extensions. However, mixed technical indicators and a moderate valuation slightly temper the overall 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 sector, specializing in providing innovative solutions for the entertainment, leisure, and cultural markets. The company focuses on delivering ticketing, point-of-sale, and virtual queuing products and services to enhance customer experiences and streamline operations for venues and attractions worldwide.

Average Trading Volume: 83,599

Technical Sentiment Signal: Sell

Current Market Cap: £172.6M

Find detailed analytics on ACSO stock on TipRanks’ Stock Analysis page.

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