tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

PayPoint Cancels Further Shares After January Buyback

Story Highlights
PayPoint Cancels Further Shares After January Buyback

Claim 70% Off TipRanks Premium

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

PayPoint plc has continued its share buyback activity, purchasing 31,970 of its own ordinary shares on 14 January 2026 via Investec Bank at prices between 457.50p and 465.00p, with a volume-weighted average price of 461.6309p. The company intends to cancel these shares, reducing its outstanding share capital to 62,328,675 ordinary shares, a move that marginally enhances earnings per share and may signal management’s confidence in the group’s valuation to investors and other market participants.

The most recent analyst rating on (GB:PAY) stock is a Sell with a £4.20 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.

Paypoint’s overall stock score reflects a mixed outlook. The high dividend yield and strategic corporate actions are positive, but financial performance challenges and bearish technical indicators weigh on the score. The company needs to address operational and financial risks to improve its market position.

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

More about Paypoint

PayPoint plc is a UK-listed payments and retail services company that provides technology and processing solutions for bill payments, top-ups and other consumer transactions, primarily serving convenience retailers and a wide network of local outlets across the UK.

Average Trading Volume: 340,392

Technical Sentiment Signal: Sell

Current Market Cap: £285.1M

See more data about PAY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1