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Kainos Group plc ( (GB:KNOS) ) has provided an update.
Kainos Group plc has announced the purchase of 30,000 of its ordinary shares, with the transaction executed through Investec Bank plc at prices ranging between 811.00 pence and 832.00 pence, and a weighted average price of 822.5995 pence. The company intends to cancel these shares, as part of its ongoing share buyback program initiated in November 2024, a move that could improve shareholder value by reducing the number of outstanding shares and potentially enhance earnings per share.
More about Kainos Group plc
YTD Price Performance: -24.86%
Average Trading Volume: 357,165
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.02B
See more insights into KNOS stock on TipRanks’ Stock Analysis page.
