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Accesso Technology Executes Share Buyback, Cancels 3,649 Shares

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Accesso Technology Executes Share Buyback, Cancels 3,649 Shares

Elevate Your Investing Strategy:

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

Accesso Technology Group PLC announced the purchase and cancellation of 3,649 of its Ordinary Shares as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue to 40,096,975, impacting the company’s capital structure and potentially enhancing shareholder value by increasing earnings per share.

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 strong financial performance and strategic corporate actions positively influence the stock score. However, technical analysis reveals bearish trends that may pose short-term risks. The valuation is moderate, with room for growth. The absence of earnings call data does not affect the overall assessment significantly.

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, focusing on providing ticketing and virtual queuing solutions for attractions and venues worldwide. Their primary services include software solutions that enhance guest experiences and operational efficiency for entertainment, leisure, and cultural markets.

Average Trading Volume: 90,015

Technical Sentiment Signal: Sell

Current Market Cap: £167.8M

See more insights into ACSO stock on TipRanks’ Stock Analysis page.

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