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Boku Inc. Buys Back 75,000 Shares to Bolster Treasury Holdings

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Boku Inc. Buys Back 75,000 Shares to Bolster Treasury Holdings

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

Boku Inc. announced the purchase of 75,000 of its own common shares at a price of 151 pence each, which will be held in treasury. This transaction affects the company’s total voting rights, now consisting of 294,298,679 shares, and allows shareholders to calculate changes in their interests according to FCA rules. This move may impact Boku’s market positioning by potentially increasing shareholder value and providing greater control over its share capital.

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 a presence in multiple countries worldwide.

YTD Price Performance: -16.21%

Average Trading Volume: 673,653

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £450.4M

For detailed information about BOKU stock, go to TipRanks’ Stock Analysis page.

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