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Kainos Group Executes Share Buyback, Cancels Shares

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Kainos Group Executes Share Buyback, Cancels Shares

Kainos Group plc ( (GB:KNOS) ) has provided an update.

Kainos Group plc, a company operating in the technology sector, has announced the repurchase of 32,089 of its ordinary shares through Investec Bank plc, as part of its ongoing share buyback program initiated in November 2024. The shares were purchased at prices ranging from 665.50 to 685.00 pence, with a weighted average price of 675.3879 pence, and are intended to be canceled, which may impact the company’s share capital structure and potentially enhance shareholder value.

More about Kainos Group plc

YTD Price Performance: -17.31%

Average Trading Volume: 266,528

Technical Sentiment Signal: Buy

Current Market Cap: £820.9M

Find detailed analytics on KNOS stock on TipRanks’ Stock Analysis page.

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