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Accesso Technology Executes Share Buyback, Reduces Shares in Issue

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Accesso Technology Executes Share Buyback, Reduces Shares in Issue

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The latest update is out from accesso Technology ( (GB:ACSO) ).

Accesso Technology Group PLC announced the purchase and cancellation of 25,000 of its Ordinary Shares as part of its ongoing share buyback programme. This transaction reduces the total number of shares in issue to 39,893,208, potentially impacting shareholder voting rights and interest notifications under regulatory guidelines.

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 Neutral.

Accesso Technology’s overall stock score is driven by its strong financial performance and strategic corporate actions, such as share buybacks and partnership extensions. However, mixed technical indicators and a moderate valuation slightly temper the overall 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 sector, focusing on providing ticketing, point-of-sale, and virtual queuing solutions primarily for the entertainment, leisure, and cultural markets.

Average Trading Volume: 83,464

Technical Sentiment Signal: Sell

Current Market Cap: £173.1M

See more insights into ACSO stock on TipRanks’ Stock Analysis page.

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