Kainos Group plc (GB:KNOS) has released an update.
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Kainos Group plc has initiated a £30 million share buyback program to reduce its share capital, leveraging its strong balance sheet and cash flow. This move aligns with Kainos’s strategy to enhance shareholder value while maintaining a solid capital base, amid ongoing organic investments. The buyback will be managed by Investec Bank plc and conducted on the London Stock Exchange.
For further insights into GB:KNOS stock, check out TipRanks’ Stock Analysis page.
