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Accesso Technology Executes Share Buyback, Reduces Share Count

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Accesso Technology Executes Share Buyback, Reduces Share Count

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accesso Technology ( (GB:ACSO) ) has shared an announcement.

Accesso Technology Group PLC has executed a share buyback, purchasing 13,214 of its Ordinary Shares at prices ranging from 410.00 to 414.00 GBp, as part of its ongoing Share Buyback Programme. This transaction reduces the total number of shares in circulation to 39,805,516, potentially impacting shareholder calculations under FCA regulations.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £7.00 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, providing innovative solutions primarily focused on ticketing, point-of-sale, and virtual queuing systems for attractions and venues worldwide.

Average Trading Volume: 81,277

Technical Sentiment Signal: Sell

Current Market Cap: £163.3M

Learn more about ACSO stock on TipRanks’ Stock Analysis page.

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