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Kainos Executes Share Buyback as Part of Strategic Program

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Kainos Executes Share Buyback as Part of Strategic Program

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

Kainos Group plc announced a recent purchase of 34,769 of its own ordinary shares through Investec Bank plc at prices ranging from 779.00 to 792.00 pence, with a weighted average price of 785.4842 pence. The company plans to cancel these shares as part of its previously announced buyback program, potentially impacting its stock value and demonstrating confidence in its financial stability.

More about Kainos Group plc

YTD Price Performance: -2.84%

Average Trading Volume: 304,187

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £985.6M

For a thorough assessment of KNOS stock, go to TipRanks’ Stock Analysis page.

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