Boku Buys Back 450,000 Shares for Treasury, Sets New Voting Rights Base

BOKU ( (GB:BOKU) ) just unveiled an update.

Boku Inc. has repurchased 450,000 of its own common shares at a price of 216 pence per share via Investec Bank and intends to hold these shares in treasury, as part of its ongoing capital management strategy. Following this transaction, Boku’s issued share capital stands at 303,613,249 common shares, of which 9,461,215 are held in treasury, leaving 294,152,034 voting shares in circulation, a figure shareholders must now 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, AIM-listed 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 over 7.5 billion mobile payment accounts via a single integration and is used by major technology and digital content companies such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent to acquire paying users, simplify sign-up and combat fraud.

Average Trading Volume: 537,758

Technical Sentiment Signal: Buy

Current Market Cap: £642.2M

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