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Accesso Technology Executes Share Buyback, Cancels 19,465 Shares

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Accesso Technology Executes Share Buyback, Cancels 19,465 Shares

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

Accesso Technology Group PLC announced the purchase and cancellation of 19,465 of its Ordinary Shares as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue to 39,760,675, which may impact shareholder voting rights and interest calculations under regulatory guidelines.

The most recent analyst rating on (GB:ACSO) stock is a Hold with a £444.00 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 strong financial performance and strategic corporate actions, such as share buybacks and partnership extensions, are positive indicators. However, the bearish technical indicators and moderate valuation suggest caution. The absence of a dividend yield may also deter some investors.

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

More about accesso Technology

Accesso Technology Group PLC operates within the technology industry, focusing on providing ticketing and virtual queuing solutions primarily for the leisure, entertainment, and cultural sectors.

Average Trading Volume: 81,364

Technical Sentiment Signal: Sell

Current Market Cap: £162.2M

Learn more about ACSO stock on TipRanks’ Stock Analysis page.

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