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Kainos Group plc ( (GB:KNOS) ) has issued an announcement.
Kainos Group plc announced the repurchase of 29,124 of its ordinary shares, with the transaction executed through Investec Bank plc. The shares were bought at prices ranging from 779.00 to 814.00 pence, with a weighted average price of 801.5935 pence. This move is part of a broader buyback program initiated in November 2024, aimed at optimizing the company’s capital structure by cancelling the repurchased shares, which may positively impact the company’s stock value and shareholder returns.
More about Kainos Group plc
YTD Price Performance: -4.57%
Average Trading Volume: 358,076
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £968.1M
See more data about KNOS stock on TipRanks’ Stock Analysis page.
