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Boku Tightens Share Base With Treasury Buyback on AIM

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Boku Tightens Share Base With Treasury Buyback on AIM

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BOKU ( (GB:BOKU) ) just unveiled an update.

Boku Inc., the AIM-quoted mobile payments specialist, has repurchased 148,324 of its own common shares at 220 pence each via Investec Bank and intends to hold the stock in treasury. Following the transaction, Boku’s issued share capital stands at 303,546,249 shares, of which 7,646,215 are held in treasury, leaving 295,900,034 voting rights in issue, a figure the company highlighted as the new reference point for investors monitoring their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:BOKU) stock is a Buy with a £334.00 price target. To see the full list of analyst forecasts on BOKU stock, see the GB:BOKU Stock Forecast page.

Spark’s Take on GB:BOKU Stock

According to Spark, TipRanks’ AI Analyst, GB:BOKU is a Outperform.

BOKU’s overall stock score reflects its strong financial performance and positive corporate events, which are offset by bearish technical indicators and a high P/E ratio. The company’s robust revenue growth and strategic initiatives position it well for future growth, but current market sentiment and valuation concerns present risks.

To see Spark’s full report on GB:BOKU stock, click here.

More about BOKU

Boku Inc. is a London-headquartered, AIM-listed provider of mobile payment solutions whose mobile-first network spans mobile wallets, direct carrier billing and real-time account-to-account payment schemes, reaching more than 7.5 billion mobile payment accounts via a single integration. Its technology underpins payments and user acquisition for major global digital platforms including Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent, with operations across Europe, the Americas and Asia-Pacific.

Average Trading Volume: 488,900

Technical Sentiment Signal: Buy

Current Market Cap: £651.7M

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

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