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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 repurchased 12,952 of its ordinary shares, with prices ranging between 760 and 772 pence per share, and plans to cancel them. This move is part of a share buyback program aimed at enhancing shareholder value. As of now, PayPoint’s total share capital stands at 72,018,409 shares, each carrying one vote.

For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.

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