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accesso Technology ( (GB:ACSO) ) has issued an announcement.
Accesso Technology Group PLC has executed a share buyback program, purchasing 14,000 of its Ordinary 1p Shares at prices ranging from 488.00 GBp to 490.00 GBp. This transaction, conducted through Deutsche Numis, results in the cancellation of these shares, leaving a total of 40,216,968 Ordinary Shares in issue. The buyback is part of Accesso’s strategy to manage its capital structure and potentially enhance 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’s overall stock score is primarily driven by strong financial performance and positive corporate events. Financial stability and strategic initiatives such as share buybacks and acquisitions support future growth prospects. While technical indicators present a mixed outlook, the current undervaluation provides an attractive entry point for investors.
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, specializing in providing ticketing, point of sale, and virtual queuing solutions primarily for the entertainment and leisure sectors. The company focuses on enhancing guest experiences and optimizing operational efficiency for its clients.
Average Trading Volume: 86,263
Technical Sentiment Signal: Sell
Current Market Cap: £194.9M
For detailed information about ACSO stock, go to TipRanks’ Stock Analysis page.