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Accesso Technology Executes Share Buyback Program

Story Highlights
  • Accesso Technology has purchased 20,000 ordinary shares as part of its buyback program.
  • The share cancellation affects total voting rights, impacting shareholder calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
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 20,000 of its ordinary shares at prices ranging from 414.00 GBp to 422.00 GBp, with an average price of 421.8159 GBp. The cancellation of these shares will result in a total of 39,828,788 ordinary shares in issue, impacting the company’s total voting rights and potentially affecting shareholder calculations 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 Neutral.

Accesso Technology’s strong financial performance and strategic corporate actions, such as share buybacks and partnership extensions, are positive indicators. However, the bearish technical indicators and moderate valuation suggest caution. The absence of a dividend yield may also deter some 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, focusing on providing ticketing and virtual queuing solutions for attractions and venues worldwide.

Average Trading Volume: 82,432

Technical Sentiment Signal: Sell

Current Market Cap: £164.2M

For an in-depth examination of ACSO stock, go to TipRanks’ Overview page.

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