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Paypoint ( (GB:PAY) ) has issued an update.
PayPoint plc, a company in the financial services industry, has announced the purchase of 11,063 of its own ordinary shares through Investec Bank plc, intending to cancel them. This transaction is part of a share buyback program, aimed at potentially enhancing shareholder value. The current share capital of the company consists of 71,306,268 ordinary shares, and this buyback may affect calculations for shareholder notifications under FCA rules.
More about Paypoint
YTD Price Performance: -8.85%
Average Trading Volume: 218,230
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £507M
See more insights into PAY stock on TipRanks’ Stock Analysis page.
