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The latest update is out from Kainos Group plc ( (GB:KNOS) ).
Kainos Group plc announced it has repurchased 40,000 of its ordinary shares, priced between 811 and 825 pence, at a weighted average price of 820.1460 pence. The company plans to cancel these shares as part of a buyback program initiated in November 2024, potentially enhancing shareholder value and reflecting confidence in the company’s future prospects.
More about Kainos Group plc
Kainos Group plc is a company operating in the technology sector, providing digital services and platforms. It focuses on helping organizations with digital transformation, offering solutions in areas such as IT services, software development, and cloud technology solutions.
YTD Price Performance: 1.11%
Average Trading Volume: 314,379
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.02B
Learn more about KNOS stock on TipRanks’ Stock Analysis page.