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PayPoint Announces Share Buyback of 11,879 Ordinary Shares

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PayPoint Announces Share Buyback of 11,879 Ordinary Shares

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

PayPoint plc announced the purchase of 11,879 of its ordinary shares through Investec Bank plc as part of a share buyback program, intending to cancel the purchased shares. This move impacts the company’s share capital, reducing the total number of shares, and may influence shareholder interests and company market positioning.

More about Paypoint

PayPoint plc operates within the financial services industry, primarily offering payment solutions and services. The company focuses on providing retail networks and electronic payment systems to facilitate various transactions.

YTD Price Performance: -11.15%

Average Trading Volume: 219,265

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £494.5M

Find detailed analytics on PAY stock on TipRanks’ Stock Analysis page.

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