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An update from Kooth ( (GB:KOO) ) is now available.
Kooth PLC announced a share buyback, purchasing 26,279 ordinary shares at an average price of 1.7936 GBP per share. The shares will be held in treasury, impacting the company’s total voting rights and financial structuring. This move is part of Kooth’s strategic financial management, reflecting its commitment to enhancing shareholder value and maintaining a robust market position.
More about Kooth
Kooth PLC is a global leader in youth digital mental well-being, providing accessible and safe spaces for better mental health. The platform offers therapeutic support, is accredited by the British Association of Counselling and Psychotherapy, and serves as the largest mental health access provider for under-18s in the UK. Kooth is expanding internationally, focusing on the US market due to the rising importance of youth mental health.
YTD Price Performance: -1.38%
Average Trading Volume: 157,757
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.02M
For an in-depth examination of KOO stock, go to TipRanks’ Stock Analysis page.
