PayPoint PLC - Hertfordshire, England-based payments and retail technology group - Launches second tranche of buyback programme, purchasing up to £30 million in shares, with the scheme ending no later than March 31 next year. The buyback will be run by Investec, with the latest tranche following the initial £20 million tranche completed on Monday this week. Last month, PayPoint said intends to increase and extend its share buyback programme, returning at least £30 million per year to shareholders until the end of March 2028. It is targeting a a minimum reduction in its equity base of 20%.

Current stock price: 853.00 pence, up 0.7% on Tuesday morning in London

12-month change: up 33%

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