Accesso Technology Executes Share Buyback Program

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

Accesso Technology Group PLC has executed a share buyback program, purchasing 18,107 of its ordinary shares at a consistent price of 485 GBp per share. This transaction, conducted through Deutsche Numis, reduces the total number of shares in issue to 40,748,447, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 Outperform.

Accesso Technology receives a solid overall score due to its robust financial performance and strategic corporate actions. The company’s balance sheet strength and operational efficiency are key strengths, while technical indicators show positive momentum. However, the high valuation might limit attractiveness to value investors. Recent corporate events like acquisitions and share buybacks further support a positive outlook.

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 solutions primarily focused on ticketing and virtual queue management for attractions and venues. The company is known for its innovative products that enhance guest experiences and streamline operations for its clients.

Average Trading Volume: 99,607

Technical Sentiment Signal: Sell

Current Market Cap: £194.3M

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