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PayPoint plc Announces Share Buyback Program Details

PayPoint plc Announces Share Buyback Program Details

PayPoint plc Announces Share Buyback

PayPoint plc has announced today that it has acquired a number of its ordinary shares, each with a value of £0.00333, through Investec Bank plc.

Details on Share Purchases

The company has carried out a series of transactions involving ordinary shares as part of its buyback program, and it has disclosed specific details for each trade.

Overview of Ordinary Shares

Here are the key details regarding the recent buybacks:

Date of Purchase: 23 August

Total Number of Ordinary Shares Purchased: 1,512

Lowest Price per Share (pence): 701.00

Highest Price per Share (pence): 704.00

Weighted Average Price per Day (pence): 702.7209

Plans for Purchased Shares

The company plans to cancel the shares that were purchased during the buyback process.

Summary of Aggregate Purchases

The following table summarizes the information related to the purchases made under the buyback program:

Aggregate Buyback Summary

Venue: XLON

Volume-Weighted Average Price (pence): 702.7209

Total Volume: 1,512

Lowest Price per Share (pence): 701.00

Highest Price per Share (pence): 704.00

Individual Transaction Details

In accordance with the Market Abuse Regulation, below is a detailed breakdown of the individual trades executed by Investec on behalf of the company:

Breakdown of Individual Transactions

The chart below provides specific dates and times for each trade, along with essential details:

Contact Information

If you need more information, please contact:

Contact Details for PayPoint plc

PayPoint plc
Nick Wiles, Chief Executive Officer
Mobile: 07442 968960
Rob Harding, Chief Financial Officer
Mobile: 07525 707970

Contacts at FGS Global

FGS Global
Rollo Head
James Thompson
Telephone: 0207 251 3801

Contact Information for Investec Bank

Investec Bank plc
Carlton Nelson
Henry Reast
Telephone: 0207 597 5970

Frequently Asked Questions

What is the purpose of the share buyback program?

The share buyback program aims to cancel shares and potentially increase shareholder value.

How many shares did PayPoint plc buy back?

During this transaction, PayPoint plc bought back a total of 1,512 ordinary shares.

What was the average price per share during the buyback?

The weighted average price per share during the buyback process was 702.7209 pence.

Who can be contacted for more information?

For additional inquiries, you can reach out to Nick Wiles or Rob Harding at PayPoint plc.

Where can I find details about individual transactions?

Information regarding the individual transactions conducted during the buyback is detailed in the report released by PayPoint plc.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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