tiprankstipranks
Kooth plc Engages in Strategic Share Buyback
Company Announcements

Kooth plc Engages in Strategic Share Buyback

Story Highlights

Stay Ahead of the Market:

Kooth ( (GB:KOO) ) has shared an update.

Kooth plc has announced a share buyback of 25,964 ordinary shares at a price of GBP 1.83 per share from Stifel Nicolaus Europe Limited, as part of its ongoing Share Buyback Programme. The repurchased shares will be held in treasury, impacting the total number of voting rights and signifying a strategic financial maneuver that may influence the company’s market positioning and stakeholder interests.

More about Kooth

Kooth (AIM:KOO) is a global leader in digital mental well-being services, particularly focused on youth. It provides accessible therapeutic support through its clinically robust platform, offering a safeguarded community, professional counselling, and a diverse range of content. Kooth is the largest provider of mental health support for under-18s in the UK and is expanding internationally, with a focus on the US market.

YTD Price Performance: 0.83%

Average Trading Volume: 155,462

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £67.03M

Learn more about KOO stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles