tiprankstipranks
Trending News
More News >

PayPoint Announces Share Buyback and Cancellation

Story Highlights
PayPoint Announces Share Buyback and Cancellation

An update from Paypoint ( (GB:PAY) ) is now available.

PayPoint plc has announced the repurchase of 12,197 of its ordinary shares, with the intention to cancel them, as part of its share buyback program. This move is expected to impact the company’s share capital, which currently stands at 70,770,599 ordinary shares, potentially enhancing shareholder value and adjusting the company’s market positioning.

More about Paypoint

PayPoint plc operates in the financial services industry, providing payment solutions and services to retailers and consumers. The company focuses on facilitating bill payments, mobile top-ups, and other financial transactions through its network.

YTD Price Performance: -17.38%

Average Trading Volume: 172,203

Technical Sentiment Signal: Hold

Current Market Cap: £443.4M

For detailed information about PAY stock, go to 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