tiprankstipranks

Boku Inc. Strengthens Treasury Stock with Recent Share Purchase

Story Highlights
Boku Inc. Strengthens Treasury Stock with Recent Share Purchase

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

Boku Inc. announced the purchase of 275,000 of its common shares to be held in treasury, executed through Investec Bank plc. This move increases the company’s treasury shares to 6,226,934, affecting the total voting rights, which now stand at 296,883,679. Such transactions could impact the company’s market positioning by altering voting dynamics and potentially signaling confidence in its financial stability.

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 account to account/real-time payments 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. Boku was incorporated in 2008 and is headquartered in London, UK, with offices worldwide.

YTD Price Performance: -6.59%

Average Trading Volume: 524,164

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £523.6M

See more data about BOKU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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