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Share Buyback Programme Update

In brief · summary, not quotable

Completed 4m share buyback at 182.14p average, approved extension for further 4m shares until 30 June 2025.

  • Shares repurchased in completed programme 4,000,000
  • Average price per share 182.14 pence
  • Percentage of issued share capital c. 1.3%
  • Further shares approved for buyback 4,000,000
  • Buyback extension effective from 11 February 2025
  • Buyback extension expires 30 June 2025
Full announcement

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Boku (AIM: BOKU), a leading provider of mobile payment solutions, announces that it has completed its share buyback programme of 4,000,000 common stock of $0.0001 each ("Common Stock"), details of which were announced on 18 November 2024. Over the course of the share buyback programme, 4,000,000 Common Stock were repurchased at an average price of 182.14 pence, representing c. 1.3% of the Company's issued share capital at the start of the buyback. All of the Common Stock purchased in the programme have been held in Treasury.

The Company is pleased to announce that the Board has approved an extension of the current share buyback programme, originally announced on 18 November 2024, to repurchase up to a further 4,000,000 Common Stock (the "Buyback Extension").

The Company has instructed Investec Bank plc, the Company's broker, to conduct the Buyback Extension on its behalf. The Buyback Extension will be effected within certain pre-set parameters, including that the maximum price paid per Common Stock shall be 105 per cent. of the trailing five day average mid-market price, and in accordance with authority granted by the Company's Board to hold up to 5% of the Common Stock in Treasury. (the "Authority").

The Buyback Extension will be effective from 11 February 2025 and will expire on 30 June 2025, or earlier, if either the maximum aggregate number of Common Stock has been purchased or the maximum aggregate consideration has been reached.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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