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Accesso Technology Executes Share Buyback, Reduces Share Count

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Accesso Technology Executes Share Buyback, Reduces Share Count

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accesso Technology ( (GB:ACSO) ) has shared an announcement.

Accesso Technology Group PLC has executed a share buyback program, purchasing 9,500 of its ordinary shares at prices ranging from 400.00 to 407.00 GBp, with an average price of 401.5907 GBp. The shares will be cancelled, reducing the total number of shares in issue to 39,339,399, which may impact shareholder voting rights and interest notifications under regulatory guidelines.

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 industry, offering solutions primarily focused on ticketing and virtual queuing for attractions and venues worldwide. The company is known for its innovative products that enhance customer experiences in the leisure, entertainment, and cultural sectors.

Average Trading Volume: 94,738

Technical Sentiment Signal: Sell

Current Market Cap: £150.4M

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

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