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Accesso Technology Executes Share Buyback, Cancels 19,000 Shares

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Accesso Technology Executes Share Buyback, Cancels 19,000 Shares

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

Accesso Technology Group PLC announced the purchase and cancellation of 19,000 of its ordinary shares as part of its share buyback program. This transaction, conducted through Deutsche Numis, will result in a total of 39,237,409 ordinary shares remaining in issue, impacting shareholder voting rights and potentially influencing market perceptions of the company’s stock value.

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

Accesso Technology Group PLC operates in the technology industry, primarily focusing on providing ticketing and virtual queueing solutions for attractions and venues worldwide.

Average Trading Volume: 107,772

Technical Sentiment Signal: Sell

Current Market Cap: £139.3M

See more data about ACSO stock on TipRanks’ Stock Analysis page.

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