Kainos Group plc ( (GB:KNOS) ) has provided an update.
Kainos Group plc, a company operating in the technology sector, has announced a share buyback transaction where it purchased 29,893 of its ordinary shares through Investec Bank plc at a weighted average price of 696.6544 pence per share. The company intends to cancel these shares as part of a previously announced buyback programme. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value by reducing the number of shares in circulation.
More about Kainos Group plc
YTD Price Performance: -14.46%
Average Trading Volume: 266,018
Technical Sentiment Signal: Buy
Current Market Cap: £855.7M
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