Boku Inc. Executes Share Buyback to Strengthen Market Position

The latest announcement is out from BOKU ( (GB:BOKU) ).

Boku Inc. announced the purchase of 200,000 of its own common shares, which will be held in treasury, as part of its ongoing share buyback program. This transaction, executed through Investec Bank, reflects Boku’s strategic efforts to manage its share capital and potentially enhance shareholder value. The company’s total issued share capital now consists of 303,110,613 common shares, with 8,196,934 held in treasury, resulting in 294,913,679 voting rights. This move may impact the company’s market positioning by signaling confidence in its financial health and future prospects.

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 is trusted by major global companies 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: -12.09%

Average Trading Volume: 621,741

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £472.2M

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