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PayPoint Plc Considers Share Buyback Amid Growth
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PayPoint Plc Considers Share Buyback Amid Growth

Paypoint plc (GB:PAY) has released an update.

PayPoint Plc has reported a robust post-close trading update for FY24, with an anticipated underlying EBITDA over £80m and a net debt below £70m, aligning with previous expectations. This financial strength has prompted the Board to consider a share buyback programme to increase shareholder value, details of which will be revealed alongside the preliminary results on June 13, 2024. PayPoint serves a vast range of businesses and consumers with its innovative technology across shopping, e-commerce, payments, banking, and gifting solutions, striving to create long-term stakeholder value.

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

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