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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 provided an announcement.

Accesso Technology Group PLC announced the purchase and cancellation of 15,000 of its ordinary shares as part of its ongoing share buyback program. This transaction reduces the total number of shares in circulation to 39,593,800, which may impact shareholder voting rights and interest notifications under regulatory guidelines.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £474.00 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 strong financial performance is the most significant factor, supported by consistent revenue growth and a robust balance sheet. However, the technical analysis indicates a bearish trend, which weighs down the overall score. The valuation is moderate, with a reasonable P/E ratio but no dividend yield. The absence of earnings call and corporate events data did not affect 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, providing ticketing and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets. The company focuses on enhancing guest experiences and operational efficiency for its clients, which include theme parks, water parks, zoos, and cultural attractions.

Average Trading Volume: 79,411

Technical Sentiment Signal: Sell

Current Market Cap: £168.1M

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

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