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PayPoint Announces Share Buyback and Cancellation

PayPoint Announces Share Buyback and Cancellation

Paypoint (GB:PAY) has released an update.

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PayPoint plc has announced the repurchase of 9,546 of its ordinary shares at prices ranging from 675 to 685 pence per share, with the intention of canceling them to reduce share capital. Following the buyback, the remaining issued share capital comprises 72,085,407 ordinary shares, each with voting rights. This buyback activity may influence shareholders’ notification obligations under the FCA’s Disclosure Guidance and Transparency Rules.

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