Boku Buys Back 100,000 Shares for Treasury, Updates Voting Rights Count

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

Boku Inc. has repurchased 100,000 of its own common shares at 220 pence each via Investec Bank and will hold the stock in treasury, in a move that marginally reduces free float while maintaining balance-sheet flexibility. Following the buyback, Boku’s issued share capital stands at 303,603,249 common shares, of which 8,121,215 are held in treasury, leaving 295,482,034 voting rights in issue, a revised denominator for investors monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £243.00 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 London-headquartered, AIM-listed global provider of mobile payment solutions. Its mobile-first payments network spans mobile wallets, direct carrier billing and account-to-account/real-time payment schemes, reaching more than 7.5 billion mobile payment accounts via a single integration. The company’s technology is used by major digital platforms including Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent, with additional offices across the US, Europe, Asia and Latin America.

Average Trading Volume: 474,521

Technical Sentiment Signal: Buy

Current Market Cap: £659.5M

For an in-depth examination of BOKU stock, go to TipRanks’ Overview page.