Accesso Technology Executes Share Buyback Program

The latest announcement is out from accesso Technology ( (GB:ACSO) ).

Accesso Technology Group PLC, a company involved in technology solutions, announced the purchase and cancellation of 16,223 of its Ordinary Shares as part of its share buyback program. This transaction, executed through Deutsche Numis, results in a total of 40,544,392 shares remaining in circulation, impacting the company’s share structure and potentially influencing shareholder interests.

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

Average Trading Volume: 95,346

Technical Sentiment Signal: Sell

Current Market Cap: £202M

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