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Boku Buys Back 100,000 Shares for Treasury, Adjusts Voting Rights Base

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Boku Buys Back 100,000 Shares for Treasury, Adjusts Voting Rights Base

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BOKU ( (GB:BOKU) ) has shared an announcement.

Boku Inc., the AIM-listed mobile payments specialist, has repurchased 100,000 of its own common shares at 220 pence each via Investec Bank and will hold the stock in treasury. Following this transaction, Boku’s issued share capital stands at 303.6 million shares, of which about 8.0 million are held in treasury, leaving 295.6 million voting shares in circulation, a change that slightly adjusts the company’s free float and provides a new reference point for investors monitoring their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £245.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Spark’s Take on GB:BOKU Stock

According to Spark, TipRanks’ AI Analyst, GB:BOKU is a Outperform.

BOKU’s overall stock score reflects its strong financial performance and positive corporate events, which are offset by bearish technical indicators and a high P/E ratio. The company’s robust revenue growth and strategic initiatives position it well for future growth, but current market sentiment and valuation concerns present risks.

To see Spark’s full report on GB:BOKU stock, click here.

More about BOKU

Boku Inc. is a leading global provider of mobile payment solutions, offering a mobile-first payments network that includes mobile wallets, direct carrier billing and account-to-account/real-time payment schemes. Through a single integration it reaches more than 7.5 billion mobile payment accounts worldwide, serving major digital and technology groups such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent, and operates from its London headquarters with offices across Europe, the Americas and Asia.

Average Trading Volume: 478,601

Technical Sentiment Signal: Strong Buy

Current Market Cap: £671.3M

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

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