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Accesso Technology Executes Share Buyback Program

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Accesso Technology Executes Share Buyback Program

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

Accesso Technology Group PLC has executed a share buyback program, purchasing 3,552 of its ordinary shares at prices ranging from 500 to 506 GBp per share, with an average price of 502.3153 GBp. The shares will be canceled, reducing the total number of shares in issue to 40,389,086, which impacts the company’s total voting rights and may affect shareholder notifications under regulatory guidelines.

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 sector, focusing on providing ticketing and virtual queuing solutions for the leisure, entertainment, and cultural markets. The company is known for its innovative products that enhance guest experiences and streamline operations for venues worldwide.

Average Trading Volume: 91,924

Technical Sentiment Signal: Sell

Current Market Cap: £198.9M

Learn more about ACSO stock on TipRanks’ Stock Analysis page.

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