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Accesso Technology Executes Share Buyback, Cancels 20,000 Shares

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Accesso Technology Executes Share Buyback, Cancels 20,000 Shares

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

Accesso Technology Group PLC announced the purchase and cancellation of 20,000 of its Ordinary Shares as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue to 39,780,140, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 in the technology industry, providing ticketing and virtual queuing solutions primarily for the leisure, entertainment, and cultural sectors. The company focuses on enhancing guest experiences and operational efficiency for venues worldwide.

Average Trading Volume: 81,364

Technical Sentiment Signal: Sell

Current Market Cap: £162.2M

For detailed information about ACSO stock, go to TipRanks’ Stock Analysis page.

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