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PayPoint Conducts Share Buyback and Cancellation

PayPoint Conducts Share Buyback and Cancellation

Paypoint (GB:PAY) has released an update.

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PayPoint plc has announced the purchase and subsequent cancellation of 12,588 of its own ordinary shares, with individual prices ranging between 662.00 and 669.00 pence per share. This buyback occurred through Investec Bank plc and follows the company’s intent to reduce its share capital, which now stands at 72,237,196 ordinary shares after the transaction. Shareholders and market observers may be interested in the updated share capital for their investment decisions and regulatory compliance.

For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.

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