Taptica suspends share buyback programme amid possible acquisition talks

Mobile marketing and brand advertising technologies company Taptica has suspended its share buyback programme, it announced on Thursday, as it has entered into preliminary discussions with a potential acquisition target.

The AIM-traded firm said the programme would recommence should those talks terminate, and the company not be in a close period for any other reason.

“A further announcement will be made in due course,” the board said in its short statement.

“There can be no certainty that any transaction will follow or regarding the terms of any such transaction,” it added.