tiprankstipranks
Company Announcements

PayPoint plc Announces Share Buyback and Cancellation

Story Highlights
PayPoint plc Announces Share Buyback and Cancellation

Discover the Best Stocks and Maximize Your Portfolio:

Paypoint ( (GB:PAY) ) has issued an update.

PayPoint plc has announced a share repurchase, acquiring 10,937 of its ordinary shares at prices ranging from 708.00 to 720.00 pence, with a weighted average price of 714.4797 pence per share. This transaction is part of a buyback program facilitated through Investec Bank plc and intends to cancel the purchased shares, potentially impacting its share capital and shareholder calculations under regulatory guidelines.

More about Paypoint

YTD Price Performance: -9.49%

Average Trading Volume: 216,876

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £501.7M

Find detailed analytics on PAY stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1