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IN BRIEF: Boku completes and extends buyback programme

ALN

Boku Inc - San Francisco, California-based mobile payment service provider - Completes share buyback programme, repurchasing 4.0 million shares for £6.4 million in total. This represents around 1.36% of Boku’s issued share capital at the start of the buyback in March. Boku also says its board has approved an extension to repurchase a further up to 4.0 million shares. It has instructed its broker, Investec Bank PLC, to conduct the extended buyback on its behalf. Extension is effective from Monday, June 1, and will expire on September 30 or when Boku reaches the maximum amount of shares or maximum consideration.

Current stock price: 162.10 pence, up 2.0% on Tuesday in London

12-month change: down 11%

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