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PayPoint Executes Share Buyback and Cancellation

PayPoint Executes Share Buyback and Cancellation

Paypoint (GB:PAY) has released an update.

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PayPoint plc has announced the purchase and subsequent cancellation of 11,938 of its own ordinary shares, at prices ranging between 622 pence and 642 pence per share. The transactions were facilitated by Investec Bank plc on the 3rd of July 2024, with a weighted average price of 629.6078 pence per share. This buyback is part of the company’s buyback programme aimed at reducing the share capital.

For further insights into GB:PAY stock, check out TipRanks’ Stock Analysis page.

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