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Accesso Technology Executes Share Buyback Program

Story Highlights
  • Accesso Technology operates in the tech industry, offering ticketing and virtual queuing solutions.
  • The company bought back 11,087 shares, reducing total shares to 39,557,598, impacting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Accesso Technology Executes Share Buyback Program

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accesso Technology ( (GB:ACSO) ) has issued an update.

Accesso Technology Group PLC has executed a share buyback program, purchasing 11,087 of its ordinary shares at prices ranging from 438.00 GBp to 440.00 GBp. The shares will be cancelled, reducing the total number of shares in issue to 39,557,598. This move is part of the company’s strategic financial management, potentially impacting shareholder value and market perception by reducing the number of shares available and possibly increasing earnings per share.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £484.00 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 reflects strong financial performance and strategic growth initiatives, which are slightly offset by technical indicators suggesting potential short-term volatility. The company’s moderate valuation and strategic focus on technology and acquisitions provide a balanced outlook, despite some operational challenges.

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, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets.

Average Trading Volume: 79,878

Technical Sentiment Signal: Sell

Current Market Cap: £170.2M

Find detailed analytics on ACSO stock on TipRanks’ Stock Analysis page.

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