PayPoint Cancels 34,432 Shares After Latest Buyback

An announcement from Paypoint ( (GB:PAY) ) is now available.

PayPoint plc has repurchased 34,432 of its ordinary shares on 23 February 2026 through Investec Bank at prices between 551p and 566p, with a volume-weighted average price of 558.5004p. The company intends to cancel these shares, leaving 61,805,200 ordinary shares in issue, a change that slightly reduces share capital and may enhance earnings per share and voting concentration for remaining investors.

The transaction forms part of PayPoint’s ongoing share buyback activity on the London Stock Exchange’s XLON venue. The updated share count also provides a new reference denominator for shareholders and other market participants when calculating disclosure thresholds under the FCA’s transparency rules.

The most recent analyst rating on (GB:PAY) stock is a Buy with a £644.00 price target. To see the full list of analyst forecasts on Paypoint stock, see the GB:PAY Stock Forecast page.

Spark’s Take on GB:PAY Stock

According to Spark, TipRanks’ AI Analyst, GB:PAY is a Neutral.

The score is primarily held back by weakening profitability and a sharp drop in free cash flow, alongside higher leverage. Technicals are supportive but overbought and still below longer-term averages. These risks are partially offset by a very high dividend yield and a generally constructive earnings call emphasizing new launches, targeted growth, and significant shareholder returns.

To see Spark’s full report on GB:PAY stock, click here.

More about Paypoint

PayPoint plc is a UK-listed payments and services company that operates in the retail and consumer payments sector. It provides payment collection, e-commerce, and retail services, with its ordinary shares traded on the London Stock Exchange and each share carrying one voting right at general meetings.

Average Trading Volume: 392,519

Technical Sentiment Signal: Buy

Current Market Cap: £349.1M

For an in-depth examination of PAY stock, go to TipRanks’ Overview page.