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Kainos Group Announces Share Buyback

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Kainos Group Announces Share Buyback

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An announcement from Kainos Group plc ( (GB:KNOS) ) is now available.

Kainos Group plc, a company involved in technology services, announced the repurchase of 24,541 of its own ordinary shares at prices ranging from 780.00 to 787.00 pence, with a weighted average price of 783.4802 pence. This transaction is part of a previously announced buyback program aimed at reducing the share count, which could potentially increase the value of remaining shares and improve financial metrics, thereby impacting shareholders positively.

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

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