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Kainos Executes Share Buyback, Plans Share Cancellation

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Kainos Executes Share Buyback, Plans Share Cancellation

Kainos Group plc ( (GB:KNOS) ) has shared an update.

Kainos Group plc has executed a share buyback of 27,392 ordinary shares, with prices ranging from 770 to 789 pence, through Investec Bank plc. This action is part of a previously announced buyback program and the company plans to cancel the repurchased shares, potentially enhancing shareholder value and optimizing capital structure.

More about Kainos Group plc

YTD Price Performance: -26.43%

Average Trading Volume: 351,208

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1B

See more insights into KNOS stock on TipRanks’ Stock Analysis page.

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