Accesso Technology Executes Share Buyback Program

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

Accesso Technology Group PLC has executed a share buyback program, purchasing 18,000 of its ordinary shares at prices ranging from 500.00 to 505.00 GBp, with an average price of 502.5942 GBp. The purchased shares will be canceled, reducing the total number of shares in issue to 40,512,344, which affects the total voting rights and may influence shareholder calculations under FCA 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 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 innovative solutions for the leisure, entertainment, and cultural sectors. The company focuses on delivering ticketing, point of sale, and virtual queuing systems to enhance customer experiences and streamline operations for venues and attractions worldwide.

Average Trading Volume: 98,436

Technical Sentiment Signal: Sell

Current Market Cap: £201.9M

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