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accesso Technology ( (GB:ACSO) ) just unveiled an announcement.
Accesso Technology Group PLC has executed a share buyback program, purchasing 15,536 of its Ordinary 1p Shares through Deutsche Numis. The shares, bought at prices ranging from 332.00 GBp to 335.00 GBp, will be cancelled, reducing the total number of shares in issue to 38,712,011. This move is part of the company’s strategy to manage its capital structure and may impact shareholder voting rights and interest calculations.
The most recent analyst rating on (GB:ACSO) stock is a Hold with a £359.00 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 reflects strong financial performance and strategic growth initiatives, particularly in new business and technology integration. However, bearish technical indicators and challenges in key revenue segments weigh on the score. The company’s reasonable valuation and strategic focus on diversification and AI provide a positive outlook, but current market momentum remains a concern.
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 for the entertainment and leisure sectors. The company is known for its innovative technology that enhances guest experiences at venues such as theme parks, cultural attractions, and live events.
Average Trading Volume: 136,486
Technical Sentiment Signal: Sell
Current Market Cap: £126.6M
See more data about ACSO stock on TipRanks’ Stock Analysis page.