PayPoint Executes Share Buyback for Capital Management

Paypoint (GB:PAY) has released an update.

PayPoint plc has executed a share buyback, purchasing 16,155 of its ordinary shares through Investec Bank plc at prices ranging from 805.00 to 821.00 pence per share. This move, which will see the shares canceled, is part of PayPoint’s ongoing strategy to manage its capital and enhance shareholder value. The company’s current share capital stands at 71,858,565 ordinary shares, each granting one vote in general meetings.

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