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BOKU ( (GB:BOKU) ) just unveiled an update.
Boku Inc. has announced the purchase of 100,000 of its common shares, intending to hold them in treasury. This transaction, carried out through Investec Bank plc, reflects the company’s ongoing capital management strategy. Following this purchase, Boku’s total issued share capital amounts to 303,110,613 common shares, with 3,893,434 shares held in treasury, impacting the total number of voting rights available to shareholders. This move underscores Boku’s strategic financial positioning and could have implications for shareholder interest calculations under regulatory guidelines.
More about BOKU
Boku Inc. is a prominent global provider of mobile payment solutions, offering a mobile-first payments network that includes mobile wallets, direct carrier billing, and real-time payments schemes. The company reaches over 7.5 billion mobile payment accounts through a single integration and works with major clients like 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: 39.33%
Average Trading Volume: 560,458
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £557.3M
See more insights into BOKU stock on TipRanks’ Stock Analysis page.
