Accesso Technology Executes Share Buyback Program

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

Accesso Technology Group PLC has executed a share buyback program, purchasing 13,000 of its ordinary shares at prices ranging from 502.00 to 512.00 GBp per share. The repurchased shares will be canceled, reducing the total number of shares in circulation to 40,376,086, which could potentially enhance shareholder value and adjust the company’s 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.

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, focusing on providing innovative solutions for the leisure, entertainment, and cultural markets. The company specializes in ticketing, point-of-sale, and virtual queuing systems, catering to venues and attractions worldwide.

Average Trading Volume: 91,984

Technical Sentiment Signal: Sell

Current Market Cap: £202M

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