Kainos Group plc ( (GB:KNOS) ) has issued an announcement.
Kainos Group plc has announced a share buyback, purchasing 35,867 of its ordinary shares at prices ranging between 746 and 769 pence, with a weighted average price of 758.0275 pence per share. This move is part of a buyback programme initiated in November 2024 and suggests a strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and signaling confidence in the company’s financial health.
More about Kainos Group plc
YTD Price Performance: -7.42%
Average Trading Volume: 285,282
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £932.2M
For detailed information about KNOS stock, go to TipRanks’ Stock Analysis page.