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Boku Inc. Acquires 100,000 Treasury Shares to Manage Capital

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Boku Inc. Acquires 100,000 Treasury Shares to Manage Capital

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

Boku Inc. has announced the purchase of 100,000 of its own common shares at a price of 149 pence each, which will be held in treasury. This transaction affects the company’s total issued share capital and voting rights, with implications for shareholder notifications under the FCA’s Disclosure Guidance and Transparency Rules. The move is part of Boku’s strategy to manage its share capital and could influence its market positioning and stakeholder interests.

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 real-time payment schemes. The company reaches over 7.5 billion mobile payment accounts through a single integration and serves major clients such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Founded in 2008, Boku is headquartered in London, UK, with offices in multiple countries worldwide.

YTD Price Performance: -17.03%

Average Trading Volume: 679,777

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £444.7M

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

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