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accesso Technology ( (GB:ACSO) ) just unveiled an announcement.
Accesso Technology Group PLC has executed a share buyback program, purchasing 35,000 of its ordinary shares at prices ranging from 335.00 GBp to 338.00 GBp. The shares will be canceled, reducing the total number of shares in issue to 38,941,941, which will adjust the total voting rights accordingly. 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 Hold with a £410.00 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 strong financial performance and strategic initiatives highlighted in the earnings call. However, technical indicators suggest bearish momentum, and valuation metrics are moderate. The absence of a dividend yield and current market challenges also weigh on the 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, focusing on providing ticketing and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets. The company is known for its innovative products that enhance guest experiences and streamline operations for venues and attractions worldwide.
Average Trading Volume: 119,655
Technical Sentiment Signal: Sell
Current Market Cap: £130.1M
Learn more about ACSO stock on TipRanks’ Stock Analysis page.