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Accesso Technology Executes Share Buyback, Reducing Shares in Issue

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Accesso Technology Executes Share Buyback, Reducing Shares in Issue

TipRanks Black Friday Sale

An announcement from accesso Technology ( (GB:ACSO) ) is now available.

Accesso Technology Group PLC has executed a share buyback program, purchasing 33,000 of its ordinary shares at prices ranging from 327.00 GBp to 336.00 GBp, with a volume-weighted average price of 333.6804 GBp. This move reduces the total number of shares in issue to 38,814,088, potentially impacting shareholder voting rights and interest notifications under FCA regulations.

The most recent analyst rating on (GB:ACSO) stock is a Hold with a £410.00 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 strong financial performance and strategic initiatives highlighted in the earnings call. However, technical indicators suggest bearish momentum, and valuation metrics are moderate. The absence of a dividend yield and current market challenges also weigh on 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, focusing on providing ticketing and virtual queuing solutions primarily for the leisure, entertainment, and cultural sectors. The company is known for its innovative software solutions that enhance guest experiences at theme parks, water parks, and other attractions.

Average Trading Volume: 129,737

Technical Sentiment Signal: Sell

Current Market Cap: £128.2M

For detailed information about ACSO stock, go to TipRanks’ Stock Analysis page.

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