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Accesso Technology Executes Share Buyback Program

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Accesso Technology Executes Share Buyback Program

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accesso Technology ( (GB:ACSO) ) has provided an announcement.

Accesso Technology Group PLC has executed a share buyback program, purchasing 6,420 of its own ordinary shares at prices ranging from 413.00 GBp to 418.00 GBp. These shares will be canceled, reducing the total number of shares in issue to 39,848,788. This move is part of the company’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 Neutral.

Accesso Technology’s overall stock score is driven by its strong financial performance and strategic corporate actions, such as share buybacks and partnership extensions. However, mixed technical indicators and a moderate valuation slightly temper the overall score.

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, primarily focusing on providing ticketing, point of sale, and virtual queuing solutions for attractions and venues worldwide. The company is known for its innovative technology that enhances guest experiences and operational efficiency in the leisure, entertainment, and cultural markets.

Average Trading Volume: 82,432

Technical Sentiment Signal: Sell

Current Market Cap: £164.2M

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

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