PayPoint plc (PAY), the UK payments and services technology company, has disclosed a share buyback covering the period from 27th October 2026 to 2nd November 2026, during which it purchased a total of 149,732 ordinary shares through Investec Bank plc. The purchases were executed on the London Stock Exchange (XLON) across five trading days, with volume-weighted average prices ranging from 718.12p to 724.70p. The company has confirmed it intends to cancel all shares acquired, reducing its total share count and potentially enhancing earnings per share over time. Following the cancellation, PayPoint's share capital stands at 58,266,801 ordinary shares.

Key Points

  • PayPoint plc (PAY) — UK-listed payments and services technology company
  • PayPoint purchased 149,732 ordinary shares of £0.003611 each via Investec Bank plc between 27th October and 2nd November 2026
  • Volume-weighted average prices ranged from 718.12p to 724.70p; lowest single-day price was 711p on 27th October 2026
  • Investors should watch for further buyback tranches and any update to the total programme size or timeline

PayPoint Purchases 149,732 Shares Across Five Trading Days via Investec Bank

PayPoint executed its buyback across five consecutive trading sessions, with the largest single-day volume of 37,013 shares on 27th October 2026 and the second largest of 35,839 shares on 2nd November 2026. The smallest daily purchase was 21,227 shares on 29th October 2026. All trades were conducted on the London Stock Exchange through Investec Bank plc, acting on behalf of the company. The volume-weighted average price peaked at 724.70p on 2nd November 2026, while the overall price range across the full period spanned from a low of 711p to a high of 732.5p.

All Acquired Shares to Be Cancelled, Reducing PayPoint's Issued Share Capital

The company has stated that it intends to cancel all 149,732 shares purchased during this period rather than hold them in treasury. As a result of such cancellations, PayPoint's total issued share capital now consists of 58,266,801 ordinary shares, each carrying one vote at general meetings. The company holds no shares in treasury. The figure of 58,266,801 serves as the denominator for shareholders and others calculating notification thresholds under the FCA's Disclosure Guidance and Transparency Rules, which is a regulatory requirement investors with significant stakes must monitor carefully.

Buyback Conducted Under UK Market Abuse Regulation Article 5 Safe Harbour Provisions

The announcement confirms the buyback is being carried out in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as retained in UK law, which provides a safe harbour for companies conducting properly structured share repurchase programmes. A full breakdown of individual trades executed by Investec Bank on behalf of PayPoint has been published alongside the announcement via the London Stock Exchange's regulatory news service. The company did not disclose the total size or value of the broader buyback programme in this particular announcement.