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Kainos Group Announces Share Buyback

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Kainos Group Announces Share Buyback

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

Kainos Group plc, a company known for its digital services and software solutions, has announced a transaction involving the repurchase of 29,410 of its ordinary shares through Investec Bank plc. The shares were bought at prices ranging from 702.00 to 721.00 pence, with a weighted average price of 711.8204 pence per share. This move is part of a buyback program initiated in November 2024, and the company intends to cancel the purchased shares, potentially impacting the company’s share capital structure and market perception.

More about Kainos Group plc

YTD Price Performance: -13.35%

Average Trading Volume: 262,580

Technical Sentiment Signal: Buy

Current Market Cap: £867.2M

For an in-depth examination of KNOS stock, go to TipRanks’ Stock Analysis page.

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