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Boku Inc. Acquires Own Shares to Enhance Financial Flexibility

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Boku Inc. Acquires Own Shares to Enhance Financial Flexibility

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

Boku Inc. announced the purchase of 100,000 of its common shares at a price of 149 pence each, which will be held in treasury. This transaction affects the company’s total voting rights, now standing at 296,944,704, and aligns with regulatory requirements for shareholder notifications. The move could impact Boku’s market positioning by potentially increasing shareholder value and enhancing financial flexibility.

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 including the US, India, and China.

YTD Price Performance: -18.41%

Average Trading Volume: 968,305

Technical Sentiment Signal: Strong Buy

Current Market Cap: £441.1M

Learn more about BOKU stock on TipRanks’ Stock Analysis page.

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