Accesso Technology Executes Share Buyback Program

An announcement from accesso Technology ( (GB:ACSO) ) is now available.

Accesso Technology Group PLC has executed a share buyback program, purchasing 22,063 of its ordinary shares at prices ranging from 488.00 GBp to 491.00 GBp, with an average price of 489.4862 GBp per share. The repurchased shares will be canceled, reducing the total number of shares in issue to 40,687,696, which impacts the company’s capital structure and voting rights, potentially influencing shareholder value and market perception.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £8.00 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 strong financial performance and strategic corporate actions contribute significantly to its overall stock score. The company’s robust balance sheet and operational efficiency are key strengths. Technical indicators show positive momentum, although caution is advised due to high valuation, which may limit attractiveness to value investors.

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, focusing on providing ticketing, point-of-sale, and virtual queuing solutions for attractions and venues worldwide. The company is known for its innovative technology that enhances guest experiences and operational efficiency for its clients.

Average Trading Volume: 96,839

Technical Sentiment Signal: Sell

Current Market Cap: £199.1M

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