Kainos Group plc (GB:KNOS) has released an update.
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Kainos Group plc has repurchased 29,457 of its ordinary shares at a weighted average price of 785.6573 pence, as part of its ongoing share buyback program. The shares were bought on November 27, 2024, and the company plans to cancel them to reduce share capital. This strategic move is aimed at enhancing shareholder value by optimizing the capital structure.
For further insights into GB:KNOS stock, check out TipRanks’ Stock Analysis page.
