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K3 Business Technology Announces CEO Retirement and Strategic Changes

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K3 Business Technology Announces CEO Retirement and Strategic Changes

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K3 Business Technology ( (GB:KBT) ) just unveiled an update.

K3 Business Technology Group PLC announced the retirement of CEO Eric Dodd, effective 30 September 2025. Dodd has been instrumental in reshaping the company’s cost structure and supporting shareholder value. Following the sale of its largest business unit, NexSys Solutions Limited, K3 plans to return approximately £29 million to shareholders and is considering a potential de-listing from AIM. The company will not appoint a new CEO, with business unit heads reporting directly to the Board.

More about K3 Business Technology

K3 Business Technology Group PLC is a provider of business-critical software solutions, primarily focusing on fashion and apparel brands.

YTD Price Performance: 20.25%

Average Trading Volume: 11,763

Technical Sentiment Signal: Buy

Current Market Cap: £42.45M

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

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