Paypoint ( (GB:PAY) ) has issued an announcement.
PayPoint plc has announced the purchase of 13,476 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This transaction is part of a buyback program aimed at optimizing the company’s capital structure. The move reflects PayPoint’s strategic focus on enhancing shareholder value and could potentially impact the company’s share capital and voting rights structure, as the total share capital now consists of 70,770,599 ordinary shares.
More about Paypoint
PayPoint plc operates in the financial services industry, primarily providing payment solutions and services. The company focuses on facilitating transactions and offering services such as bill payments, mobile top-ups, and retail services.
YTD Price Performance: -20.76%
Average Trading Volume: 176,199
Technical Sentiment Signal: Sell
Current Market Cap: £431M
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