Accesso Technology Executes Share Buyback, Reducing Share Count

accesso Technology ( (GB:ACSO) ) has issued an update.

Accesso Technology Group PLC has executed a share buyback program, purchasing 21,000 of its Ordinary Shares at prices ranging from 516.00 GBp to 520.00 GBp. This transaction reduces the total number of shares in issue to 40,422,638, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

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 receives a strong overall score due to its robust financial performance, evidenced by consistent revenue growth and solid balance sheet. Positive technical indicators and strategic corporate actions like share buybacks and acquisitions further enhance the stock’s attractiveness. Valuation remains fair with a decent P/E ratio, although the absence of a dividend yield is a minor drawback.

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, specializing in providing solutions for the leisure, entertainment, and cultural markets. The company focuses on offering ticketing, point-of-sale, and virtual queuing solutions to enhance customer experiences and streamline operations for its clients.

Average Trading Volume: 93,485

Technical Sentiment Signal: Sell

Current Market Cap: £204.7M

For a thorough assessment of ACSO stock, go to TipRanks’ Stock Analysis page.