Boku Buys Back 100,000 Shares, Sets New Voting Rights Total

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

Boku Inc., the AIM-listed mobile payments specialist, has repurchased 100,000 of its own common shares at 217 pence each via Investec Bank and will hold the stock in treasury. Following this buyback, Boku’s issued share capital stands at 303,483,999 common shares, of which 7,247,891 are held in treasury, leaving 296,236,108 voting rights in circulation, a figure that shareholders are advised to use when calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £220.00 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, operating a mobile-first payments network that 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 serves major technology and digital content players including Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent, and is headquartered in London with a broad international office footprint across the Americas, Europe and Asia.

Average Trading Volume: 484,082

Technical Sentiment Signal: Buy

Current Market Cap: £650.1M

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