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Kainos Group plc ( (GB:KNOS) ) has issued an update.
Kainos Group plc has initiated a share buyback program, purchasing 29,989 of its ordinary shares through Investec Bank plc, with prices ranging from 766.00 to 779.00 pence per share. The company plans to cancel these shares, indicating a potential strategy to enhance shareholder value by reducing the number of shares in circulation, which can positively impact earnings per share.
More about Kainos Group plc
YTD Price Performance: -28.65%
Average Trading Volume: 357,568
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £969.6M
For detailed information about KNOS stock, go to TipRanks’ Stock Analysis page.
