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Boku Buys Back 265,000 Shares, Sets New Voting Rights Total

Story Highlights
  • Boku repurchased 265,000 common shares at 213 pence, holding them in treasury.
  • After the buyback, Boku has 293,887,034 voting rights outstanding for disclosure calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boku Buys Back 265,000 Shares, Sets New Voting Rights Total

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

Boku Inc., the AIM-listed mobile payments specialist, has executed a share buyback transaction, repurchasing 265,000 common shares at 213 pence each via Investec Bank and placing them into treasury. Following this operation, Boku’s issued share capital stands at 303,613,249 common shares, of which 9,726,215 are held in treasury, leaving 293,887,034 voting rights in circulation, a figure shareholders are instructed to use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £244.00 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 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. Its platform reaches more than 7.5 billion mobile payment accounts via a single integration, serving major technology and digital content companies such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent, with offices across Europe, the Americas and Asia-Pacific.

Average Trading Volume: 537,758

Technical Sentiment Signal: Buy

Current Market Cap: £642.2M

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

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