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PayPoint Announces Share Buyback and Cancellation

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PayPoint Announces Share Buyback and Cancellation

The latest update is out from Paypoint ( (GB:PAY) ).

PayPoint plc has announced the repurchase of 12,665 of its ordinary shares through Investec Bank plc, with the intention to cancel these shares. This move is part of a buyback program that may impact the company’s share capital and voting rights, potentially affecting stakeholders’ interests under the FCA’s Disclosure Guidance and Transparency Rules.

More about Paypoint

PayPoint plc operates in the financial services industry, providing payment solutions and services. The company focuses on facilitating transactions and offering financial services to consumers and businesses.

YTD Price Performance: -16.86%

Average Trading Volume: 172,049

Technical Sentiment Signal: Sell

Current Market Cap: £452.6M

Learn more about PAY stock on TipRanks’ Stock Analysis page.

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