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Accesso Technology Executes Share Buyback, Alters Voting Rights

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Accesso Technology Executes Share Buyback, Alters Voting Rights

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accesso Technology ( (GB:ACSO) ) just unveiled an update.

Accesso Technology Group PLC, a company involved in the technology sector, announced the purchase and cancellation of 19,000 of its Ordinary Shares as part of a share buyback program. This action reduces the total number of shares in circulation to 39,218,409, impacting the company’s total voting rights and potentially influencing shareholder interests.

The most recent analyst rating on (GB:ACSO) stock is a Hold with a £410.00 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 Neutral.

Accesso Technology’s overall stock score is driven by strong financial performance and strategic initiatives highlighted in the earnings call. However, technical indicators suggest bearish momentum, and valuation metrics are moderate. The absence of a dividend yield and current market challenges also weigh on the score.

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

More about accesso Technology

Average Trading Volume: 101,943

Technical Sentiment Signal: Sell

Current Market Cap: £137.3M

See more insights into ACSO stock on TipRanks’ Stock Analysis page.

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