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Kooth ( (GB:KOO) ) has issued an announcement.
Kooth plc announced the repurchase of 15,000 ordinary shares at a price of 1.7800 GBP each as part of its Share Buyback Programme. This move is part of their strategy to manage share capital and potentially increase shareholder value, reflecting confidence in the company’s financial health and future prospects. The repurchased shares will be held in treasury, affecting the total voting rights in the company.
More about Kooth
Kooth plc is a global leader in youth digital mental well-being, offering a platform that provides accessible and safe spaces for mental health support. The company focuses on early intervention and prevention through a clinically robust and accredited platform, featuring peer and professional content, and online counseling. Kooth is the largest single access provider for mental health support for under 18s in the UK and has been expanding into the US market.
YTD Price Performance: -2.20%
Average Trading Volume: 151,842
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £64.74M
See more insights into KOO stock on TipRanks’ Stock Analysis page.
