Kainos Group plc (GB:KNOS) has released an update.
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Kainos Group plc has executed a share buyback, acquiring 29,801 of its own shares at an average price of 786.2074 pence per share. The purchase, conducted through Investec Bank plc, is part of its ongoing buyback program announced earlier this month. This move may indicate the company’s strategy to enhance shareholder value by reducing the number of outstanding shares.
For further insights into GB:KNOS stock, check out TipRanks’ Stock Analysis page.
