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Kainos Buys Back and Cancels 31,486 Shares Under Ongoing Programme

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Kainos Buys Back and Cancels 31,486 Shares Under Ongoing Programme

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Kainos Group plc ( (GB:KNOS) ) has issued an announcement.

Kainos Group plc has continued to execute its share buyback programme, repurchasing 31,486 ordinary shares on 21 January 2026 through Investec Bank at prices ranging between 919.5p and 951.5p, with a volume-weighted average price of 938.0981p. The company plans to cancel the repurchased shares, a move that will reduce the total number of shares in issue and is typically seen as a means of returning capital to shareholders and potentially enhancing earnings per share, reinforcing management’s confidence in the company’s valuation and capital position.

The most recent analyst rating on (GB:KNOS) stock is a Buy with a £1007.00 price target. To see the full list of analyst forecasts on Kainos Group plc stock, see the GB:KNOS Stock Forecast page.

Spark’s Take on GB:KNOS Stock

According to Spark, TipRanks’ AI Analyst, GB:KNOS is a Outperform.

Kainos Group plc has a strong financial foundation and is actively enhancing shareholder value through a share buyback program. However, the high P/E ratio suggests potential overvaluation, and technical indicators point to a possible pullback. The company’s ability to sustain growth amidst recent challenges will be crucial for future performance.

To see Spark’s full report on GB:KNOS stock, click here.

More about Kainos Group plc

Kainos Group plc is a UK-listed technology company that provides digital services and software solutions, including IT consulting and platform-based products, to public sector and commercial clients, with its shares traded on the London Stock Exchange.

Average Trading Volume: 360,475

Technical Sentiment Signal: Buy

Current Market Cap: £1.13B

For an in-depth examination of KNOS stock, go to TipRanks’ Overview page.

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