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Kainos Group plc ( (GB:KNOS) ) has provided an update.
Kainos Group plc announced the purchase of 29,065 of its ordinary shares at a volume-weighted average price of 831.8008 pence each, as part of a previously announced buyback program. This move reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Kainos Group plc
Kainos Group plc is a company operating in the technology sector, providing digital services and platforms. Their primary offerings include IT consulting and software development, focusing on helping organizations with their digital transformation initiatives.
YTD Price Performance: -22.46%
Average Trading Volume: 336,960
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.06B
Learn more about KNOS stock on TipRanks’ Stock Analysis page.
