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PayPoint Cancels Shares After Latest Buyback Transaction

Story Highlights
  • PayPoint bought back 29,341 shares on 9 January 2026 through Investec Bank at an average price of about 461p.
  • The purchased shares will be cancelled, trimming PayPoint’s share capital to 62.45 million and slightly boosting remaining holders’ proportional stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PayPoint Cancels Shares After Latest Buyback Transaction

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Paypoint ( (GB:PAY) ) has provided an update.

PayPoint plc has carried out a share buyback, purchasing 29,341 of its ordinary shares on 9 January 2026 through Investec Bank at prices between 455p and 465p, with a volume‑weighted average price of 460.6018p. The company intends to cancel these shares, leaving 62,454,228 ordinary shares in issue, a move that marginally reduces the share count and may enhance earnings per share and shareholder value while also updating the free‑float denominator for investors’ disclosure obligations under UK transparency rules.

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 company that operates in the payments and financial services infrastructure sector, providing bill payment, top-up and related digital and retail services. Its shares are traded on the London Stock Exchange, with each ordinary share carrying one voting right at general meetings of the company.

Average Trading Volume: 315,352

Technical Sentiment Signal: Sell

Current Market Cap: £287.6M

See more insights into PAY stock on TipRanks’ Stock Analysis page.

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