tiprankstipranks

Boku Inc. Acquires Own Shares to Strengthen Market Position

Story Highlights
Boku Inc. Acquires Own Shares to Strengthen Market Position

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

Boku Inc. announced the purchase of 100,000 of its common shares through Investec Bank plc, which will be held in treasury. This transaction adjusts the company’s total issued share capital to 303,110,613 common shares, with 8,636,934 held in treasury, resulting in 294,473,679 voting rights. This move could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules, reflecting Boku’s strategic financial management and potential influence on market positioning.

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 like Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Founded in 2008, Boku is headquartered in London, UK, with offices across the globe.

YTD Price Performance: -15.93%

Average Trading Volume: 664,656

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £450.7M

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App