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Kainos Group plc ( (GB:KNOS) ) has provided an announcement.
Kainos Group plc, a company engaged in the software development and IT services industry, announced a share buyback transaction involving the purchase of 24,344 of its own ordinary shares. The shares were purchased at prices ranging from 730.00 to 748.00 pence, with a weighted average price of 736.6340 pence, and the company intends to cancel these shares. This buyback is part of a larger programme initiated on 11th November 2024, reflecting the company’s strategy to optimize capital structure and potentially enhance shareholder value.
More about Kainos Group plc
YTD Price Performance: -7.42%
Average Trading Volume: 353,342
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £938.7M
See more data about KNOS stock on TipRanks’ Stock Analysis page.
