Paypoint (GB:PAY) has released an update.
PayPoint has announced the repurchase of 14,296 of its ordinary shares, priced between 736.00 and 751.00 pence, with plans to cancel them. This move is part of the company’s strategy to manage its capital structure effectively, potentially boosting shareholder value by reducing the number of shares in circulation.
For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.