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Boku Buys Back 95,000 Shares, Trims Voting Rights to 296.9 Million

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Boku Buys Back 95,000 Shares, Trims Voting Rights to 296.9 Million

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

Boku Inc. has repurchased 95,000 of its own common shares at a price of 220 pence per share through Investec Bank and intends to hold these shares in treasury, as part of its ongoing capital management activities. Following this transaction, Boku’s issued share capital stands at 303,483,999 common shares, of which 6,602,891 are held in treasury, reducing the total number of voting rights to 296,881,108 and slightly increasing existing shareholders’ proportional voting interests while providing a clearer base for regulatory disclosure calculations 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, offering a mobile-first payments network that includes 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. Founded in 2008 and headquartered in London, the company serves major technology and digital commerce players such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent, and operates across multiple regions including Europe, the Americas and Asia.

Average Trading Volume: 504,079

Technical Sentiment Signal: Buy

Current Market Cap: £657.8M

Find detailed analytics on BOKU stock on TipRanks’ Stock Analysis page.

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