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Kainos Group Announces Share Buyback and Cancellation

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Kainos Group Announces Share Buyback and Cancellation

TipRanks Black Friday Sale

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

Kainos Group plc, a company involved in the technology sector, has announced the repurchase of 56,355 of its ordinary shares through Investec Bank plc, with the intention to cancel these shares. This transaction is part of a buyback programme announced earlier in May 2025, and the shares were purchased at a weighted average price of 973.1777 pence, with prices ranging from 969.00 to 983.00 pence. The cancellation of shares could potentially enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share.

The most recent analyst rating on (GB:KNOS) stock is a Buy with a £1500.00 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’s strong financial performance and positive technical indicators are the primary drivers of its stock score. The company’s solid balance sheet and profitability provide a stable foundation, while technical analysis suggests bullish momentum. However, the high P/E ratio indicates a premium valuation, which slightly tempers the overall score.

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

More about Kainos Group plc

Average Trading Volume: 419,909

Technical Sentiment Signal: Buy

Current Market Cap: £1.16B

See more data about KNOS stock on TipRanks’ Stock Analysis page.

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