Accesso Technology Executes Share Buyback Program

accesso Technology ( (GB:ACSO) ) has shared an update.

Accesso Technology Group PLC has executed a share buyback program, purchasing 20,988 of its ordinary shares at prices ranging from 495.00 GBp to 506.00 GBp. This move reduces the total number of shares in circulation to 40,613,542, potentially impacting shareholder voting rights and reflecting the company’s strategy to manage its capital structure.

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.

The overall stock score is driven by strong financial performance and strategic corporate actions. While technical indicators show bullish momentum, potential overvaluation concerns and the absence of dividends slightly temper the score. Recent share buybacks and acquisitions highlight a positive strategic direction.

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, specializing in providing ticketing, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets.

Average Trading Volume: 96,608

Technical Sentiment Signal: Sell

Current Market Cap: £196M

For an in-depth examination of ACSO stock, go to TipRanks’ Stock Analysis page.