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PayPoint Cancels Shares After Targeted Buyback on London Market

Story Highlights
  • PayPoint bought back 44,777 shares on the London Stock Exchange at around 628p to 634p each.
  • The repurchased shares will be cancelled, leaving 60.5 million in issue and slightly boosting earnings per share and revising voting capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PayPoint Cancels Shares After Targeted Buyback on London Market

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

PayPoint has repurchased a total of 44,777 of its ordinary shares on the London Stock Exchange between 28 April and 1 May 2026 via Investec Bank, at volume-weighted average prices ranging from about 628p to 634p per share. The company plans to cancel these shares, leaving 60,512,481 ordinary shares in issue, which will marginally enhance earnings per share and adjust voting capital, providing updated reference figures for investors monitoring their 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 PAY Stock

According to Spark, TipRanks’ AI Analyst, 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 PAY stock, click here.

More about Paypoint

PayPoint plc is a UK-based payments and services company that provides in-store and digital payment solutions for retailers and consumers, including bill payments, top-ups and parcel services. It focuses on supporting convenience retailers and other small businesses through technology-enabled payments infrastructure across the UK market.

Average Trading Volume: 192,517

Technical Sentiment Signal: Strong Buy

Current Market Cap: £380M

For detailed information about PAY stock, go to TipRanks’ Stock Analysis page.

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