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BOKU ( (GB:BOKU) ) has shared an announcement.
Boku has repurchased 30,000 of its own common shares at 219 pence each via Investec Bank and will hold the stock in treasury, a move that marginally reduces its free float and can be interpreted as a sign of confidence in the company’s valuation. Following the transaction, Boku’s issued share capital stands at 303,483,999 shares, of which 6,632,891 are held in treasury, leaving 296,851,108 voting rights in circulation, a revised figure that shareholders must now 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 London-headquartered, AIM-listed global provider of mobile payment solutions whose mobile-first 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. Its technology is used to simplify sign-up, user acquisition and fraud prevention for major digital businesses including Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent, with operations across Europe, the Americas and Asia-Pacific.
Average Trading Volume: 504,079
Technical Sentiment Signal: Buy
Current Market Cap: £657.8M
For detailed information about BOKU stock, go to TipRanks’ Stock Analysis page.