Kainos Group plc (GB:KNOS) has released an update.
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Kainos Group plc has announced a share buyback program, purchasing 29,870 of its own ordinary shares at an average price of 822.22 pence per share. The company conducted these transactions through Investec Bank plc on November 20, 2024, with the intention to cancel the purchased shares. This move is part of Kainos’s strategy to enhance shareholder value and optimize its capital structure.
For further insights into GB:KNOS stock, check out TipRanks’ Stock Analysis page.