tiprankstipranks

PayPoint Announces Share Buyback and Cancellation

Story Highlights
PayPoint Announces Share Buyback and Cancellation

Paypoint ( (GB:PAY) ) has shared an announcement.

PayPoint plc has announced a transaction involving the repurchase of 12,665 of its ordinary shares through Investec Bank plc. The company plans to cancel these shares, which will affect its total share capital, now consisting of 70,834,160 ordinary shares. This move is part of a buyback program and may influence shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Paypoint

YTD Price Performance: -17.64%

Average Trading Volume: 172,420

Technical Sentiment Signal: Sell

Current Market Cap: £448.7M

Find detailed analytics on PAY 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