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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 provided an update.

Kainos Group plc announced a share buyback, purchasing 36,892 ordinary shares at prices ranging from 779 to 802 pence, with a weighted average price of 794.34 pence. This buyback, part of a program initiated in November 2024, aims to cancel the purchased shares, potentially impacting the company’s share value and signaling confidence in its financial stability.

More about Kainos Group plc

Kainos Group plc operates in the technology industry, providing digital services and platforms to public and private sector clients. The company focuses on delivering IT solutions that enhance business processes and improve customer experiences.

YTD Price Performance: -3.83%

Average Trading Volume: 299,335

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £970.2M

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

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