An update from Paypoint ( (GB:PAY) ) is now available.
PayPoint plc has announced the repurchase of 13,025 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This transaction is part of a buyback program and impacts the company’s share capital, which now consists of 70,770,599 ordinary shares. This move is likely to influence the company’s market positioning by potentially increasing shareholder value and adjusting the share capital structure.
More about Paypoint
PayPoint plc operates in the financial services industry, providing payment and retail technology solutions. The company focuses on offering services such as bill payments, top-ups, and retail services to a variety of markets.
YTD Price Performance: -16.86%
Average Trading Volume: 173,402
Technical Sentiment Signal: Hold
Current Market Cap: £449.8M
Find detailed analytics on PAY stock on TipRanks’ Stock Analysis page.