PayPoint Cancels Newly Repurchased Shares, Updates Issued Capital

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2026.02.27 08:40
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PayPoint plc has repurchased 18,205 ordinary shares at prices between 575p and 583p, planning to cancel them to return capital to shareholders. The issued share capital now stands at 61,805,200 shares. The latest analyst rating for PayPoint (GB:PAY) is a Buy with a £644.00 price target, although Spark's AI Analyst rates it as Neutral due to weakening profitability and high leverage. PayPoint provides payment solutions and actively manages its capital structure through share buybacks.