Kainos Group plc ( (GB:KNOS) ) has issued an announcement.
Kainos Group plc, a company involved in the technology and digital services sector, has announced a significant transaction involving the repurchase of its own shares. The company has acquired 39,828 ordinary shares at prices ranging from 696.00 to 727.00 pence, with a weighted average price of 704.1075 pence, through Investec Bank plc. This move is part of a buyback programme initiated in November 2024, and the company plans to cancel the purchased shares. This action is likely aimed at optimizing the capital structure and potentially enhancing shareholder value.
More about Kainos Group plc
YTD Price Performance: -13.84%
Average Trading Volume: 275,646
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £866.3M
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