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Kainos Group plc Announces Share Buyback and Cancellation Plan
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Kainos Group plc Announces Share Buyback and Cancellation Plan

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Kainos Group plc ( (GB:KNOS) ) has shared an announcement.

Kainos Group plc, a company that operates in the IT services sector, specializing in digital technology solutions, has announced a share buyback transaction as part of its previously announced programme. On February 6, 2025, Kainos purchased 37,544 of its ordinary shares through Investec Bank plc at prices ranging from 800 to 822 pence per share, with a weighted average price of 813.2369 pence. The company intends to cancel the purchased shares, which could impact the share value by reducing the total number of shares available on the market and potentially increasing shareholder value.

More about Kainos Group plc

YTD Price Performance: -1.24%

Average Trading Volume: 318,996

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £997.7M

For detailed information about KNOS stock, go to TipRanks’ Stock Analysis page.

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