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accesso Technology ( (GB:ACSO) ) has issued an announcement.
Accesso Technology Group PLC has executed a share buyback, purchasing 12,454 of its ordinary shares as part of its ongoing buyback program. The transaction, conducted through Deutsche Numis, saw shares bought at prices ranging from 504.00 GBp to 508.00 GBp, with the shares subsequently being cancelled. This move reduces the total number of shares in issue to 40,288,506, impacting the company’s voting rights and potentially affecting shareholder interests.
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 Outperform.
Accesso Technology’s overall stock score is driven by its strong financial performance and strategic corporate events, such as share buybacks and strategic partnerships, which enhance growth prospects. However, the high valuation and neutral technical indicators moderate the score. The absence of a dividend yield also slightly limits its appeal.
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: 83,521
Technical Sentiment Signal: Sell
Current Market Cap: £200.8M
For a thorough assessment of ACSO stock, go to TipRanks’ Stock Analysis page.