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Kooth plc Enhances Shareholder Value Through Share Buyback
Company Announcements

Kooth plc Enhances Shareholder Value Through Share Buyback

Story Highlights
  • Kooth plc, a leader in youth mental well-being, offers accessible digital mental health services.
  • Kooth executed a share buyback, reinforcing market confidence and shareholder value.
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Kooth ( (GB:KOO) ) has shared an update.

Kooth plc announced the repurchase of 10,000 of its ordinary shares as part of its ongoing Share Buyback Programme. This move is set to impact its share structure by holding the repurchased shares in treasury, thereby potentially increasing shareholder value and reinforcing market confidence in the company’s financial strategy.

More about Kooth

Kooth plc is a global leader in youth digital mental well-being, offering a clinically robust and accredited platform for therapeutic support and interventions. The company focuses on providing accessible mental health services without thresholds or waiting lists, and is noted as the largest single access provider for mental health support for under 18s in the UK. Kooth is also expanding internationally, particularly targeting the US market to address youth mental health needs.

YTD Price Performance: -6.89%

Average Trading Volume: 112,461

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £60.74M

For detailed information about KOO stock, go to TipRanks’ Stock Analysis page.

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