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Accesso Technology Executes Share Buyback, Adjusts Share Capital

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Accesso Technology Executes Share Buyback, Adjusts Share Capital

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The latest update is out from accesso Technology ( (GB:ACSO) ).

Accesso Technology Group PLC has executed a share buyback program, purchasing 5,832 of its ordinary shares through Deutsche Numis, with prices ranging from 383.00 GBp to 391.00 GBp. The cancellation of these shares reduces the total number of shares in issue to 39,324,567, impacting shareholder voting rights and potentially affecting market perceptions of the company’s financial health.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £486.00 price target. To see the full list of analyst forecasts on accesso Technology stock, see the GB:ACSO Stock Forecast page.

Spark’s Take on GB:ACSO Stock

According to Spark, TipRanks’ AI Analyst, GB:ACSO is a Outperform.

Accesso Technology’s overall stock score is driven by strong financial performance and strategic growth initiatives highlighted in the earnings call. While technical analysis shows mixed signals, the company’s robust balance sheet and strategic focus on technology and acquisitions provide a solid foundation for future growth. Valuation remains moderate, with room for improvement in income generation.

To see Spark’s full report on GB:ACSO stock, click here.

More about accesso Technology

Accesso Technology Group PLC operates in the technology sector, focusing on providing ticketing, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets.

Average Trading Volume: 94,428

Technical Sentiment Signal: Sell

Current Market Cap: £148.4M

For a thorough assessment of ACSO stock, go to TipRanks’ Stock Analysis page.

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