Kainos Group plc ( (GB:KNOS) ) has provided an announcement.
Kainos Group plc has announced the repurchase of 40,000 of its ordinary shares, as part of a buyback program initiated in November 2024. The shares were purchased at a weighted average price of 628.1816 pence and will be canceled, indicating a strategic move to manage share capital and potentially enhance shareholder value.
More about Kainos Group plc
Kainos Group plc operates in the technology industry, providing digital services and platforms primarily focused on helping organizations with digital transformation. The company offers services such as IT consulting, software development, and cloud-based solutions, catering to a wide range of sectors including healthcare, government, and financial services.
YTD Price Performance: -23.36%
Average Trading Volume: 283,916
Technical Sentiment Signal: Strong Buy
Current Market Cap: £765.8M
See more data about KNOS stock on TipRanks’ Stock Analysis page.