Paypoint ( (GB:PAY) ) just unveiled an announcement.
PayPoint plc has announced the repurchase of 12,664 of its ordinary shares through Investec Bank plc, with plans to cancel them. This move is part of the company’s buyback program, which may impact its share capital structure and influence shareholder value. The current share capital stands at 70,834,160 ordinary shares, and this transaction reflects PayPoint’s strategic efforts to manage its equity and enhance shareholder returns.
More about Paypoint
PayPoint plc operates in the financial services industry, providing payment solutions and services. The company focuses on offering convenient payment systems and services to consumers and businesses, enhancing transaction efficiency and accessibility.
YTD Price Performance: -17.38%
Average Trading Volume: 173,648
Technical Sentiment Signal: Sell
Current Market Cap: £449.8M
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