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Kainos Group Announces Share Buyback and Cancellation
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Kainos Group Announces Share Buyback and Cancellation

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Invest with Confidence:

Kainos Group plc ( (GB:KNOS) ) just unveiled an update.

Kainos Group plc has announced the repurchase of 18,060 of its ordinary shares at an average price of 784.5027 pence per share, as part of a share buyback program initiated in November 2024. The company intends to cancel these shares, which may impact the company’s stock value positively by reducing the number of shares in circulation, thereby potentially increasing earnings per share and shareholder value.

More about Kainos Group plc

YTD Price Performance: -2.35%

Average Trading Volume: 353,360

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £988.6M

For detailed information about KNOS stock, go to TipRanks’ Stock Analysis page.

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