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Accesso Technology Executes Share Buyback Program

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Accesso Technology Executes Share Buyback Program

Confident Investing Starts Here:

accesso Technology ( (GB:ACSO) ) just unveiled an announcement.

Accesso Technology Group PLC has executed a share buyback program, purchasing 18,000 of its Ordinary 1p Shares at prices ranging from 497.00 GBp to 504.00 GBp, with a volume-weighted average price of 502.1446 GBp. The purchased shares will be cancelled, reducing the total number of shares in issue to 40,560,615, which impacts the company’s share capital structure and could influence shareholder value.

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 strong overall score due to its robust financial performance, evidenced by consistent revenue growth and solid balance sheet. Positive technical indicators and strategic corporate actions like share buybacks and acquisitions further enhance the stock’s attractiveness. Valuation remains fair with a decent P/E ratio, although the absence of a dividend yield is a minor drawback.

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 markets. The company focuses on enhancing guest experiences and operational efficiency for its clients, which include theme parks, water parks, and other attractions.

Average Trading Volume: 96,647

Technical Sentiment Signal: Sell

Current Market Cap: £193.5M

For a thorough assessment of ACSO stock, go to TipRanks’ Stock Analysis page.

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