Boku Share News (BOKU)

IN BRIEF: Boku starts GBP7 million share buyback as sees valuation gap

Boku Inc - London-based operator of 'mobile-first' payments network - Launches on Monday a share buyback for up to 4.0 million shares, saying it believes its current share price undervalues the company. "The buyback programme represents a good investment opportunity and effective use of our growing own-cash balances as well as a reaffirming our belief in the company's long term growth plan," Boku says. At its current share price, the buyback is worth around GBP7.4 million. The buyback will be run by Investec Bank PLC and will be completed by the end of April. The repurchased shares will be held in treasury to satisfy warrant conversions and staff equity grants.

Boku inks agreement with Amazon Japan for digital payment solutions

(Alliance News) - Boku Inc on Wednesday said it has entered into an agreement with Amazon.com Inc's Japanese arm for the supply of digital payments methods.

Boku inks new agreement with Amazon Japan

(Sharecast News) - Mobile payments firm Boku revealed on Wednesday that it has struck a new commercial agreement to supply digital wallet and other local payment methods to Amazon Japan.

DIRECTOR DEALINGS: Likewise director sells GBP1.4 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News:

Boku swings to operating loss despite 24pc revenue jump

(Sharecast News) - Boku reported a 24% increase in first-half revenue on Tuesday, reaching $47.3m, driven by higher transaction volumes across its local payment methods.

Boku swings to first-half loss despite strong revenue growth

(Alliance News) - Boku Inc on Tuesday said it has swung to a loss in the first half of 2024 amid rising administrative expenses, despite a revenue growth of nearly 25%.

UK earnings, trading statements calendar - next 7 days

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Boku hails jump in users; Evoke is "broadly stable"

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Boku reports strong first half, appoints new finance chief

(Sharecast News) - Mobile payment solutions provider Boku reported a strong financial and operational performance for its first half on Thursday, alongside the appointment of a new chief financial officer.

IN BRIEF: Boku adds Poland's BLIK as form of payment for Google

Boku Inc - San Francisco-based mobile payment services - Says it has partnered with BLIK, to add it as a form of payment in Poland. "With this launch, 16.3 million active users of BLIK in Poland will be able to utilise this payment method when purchasing from the Google Play store, ensuring that they can utilise the payment method they prefer," it explains.

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

UK shareholder meetings calendar - next 7 days

EXECUTIVE CHANGES: New chairs for CVS Group, LSL Property and Videndum

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News:

Boku finance chief hands in notice

(Sharecast News) - Mobile payment solutions specialist Boku announced the retirement of its chief financial officer Keith Butcher on Wednesday.