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Boku Inc - San Francisco, California-based mobile payment service provider - Launches on Friday a buyback of up to 4.0 million shares, about 1.4% of the total and worth £9.0 million at the current market price. The buyback will be run by Investec Bank PLC and completed by April 30. At that point, Boku says it may or not launch a further buyback within the board’s authority to buyback up to 5% of its total shares. Boku says the board believe its current stock price undervalues the company, so its own shares are a good investment for its surplus cash. Shares bought will be held in treasury for use for warrant conversions and staff incentives. Current stock price: 223.77 pence, up 6.6% in London on Friday for £664.5 million market capitalisation 12-month change: up 22% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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