PayPoint Executes Share Buyback and Cancellation
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PayPoint Executes Share Buyback and Cancellation

Paypoint (GB:PAY) has released an update.

PayPoint plc has announced the purchase and subsequent cancellation of 4,672 of its own ordinary shares at prices ranging from 663 to 669 pence per share, through Investec Bank plc. Following this transaction, PayPoint’s issued share capital consists of 72,284,323 ordinary shares, each with voting rights. This buyback is part of the company’s capital management strategy and may influence shareholder notification obligations.

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

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