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Kainos Group plc ( (GB:KNOS) ) has shared an update.
Kainos Group PLC, a company operating in the software and IT services industry, has announced the purchase of 30,000 of its own ordinary shares at prices ranging from 800 to 835 pence per share as part of a previously announced buyback programme. The company intends to cancel these shares, which could potentially lead to an increase in the value of the remaining shares and demonstrate the company’s confidence in its financial health and future prospects.
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 data about KNOS stock on TipRanks’ Stock Analysis page.