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Kainos Group plc ( (GB:KNOS) ) has shared an update.
Kainos Group plc, a company involved in technology services, announced the purchase of 39,974 of its own ordinary shares through Investec Bank plc. The shares were bought at prices ranging from 709.00 to 723.00 pence, with a weighted average price of 713.0531 pence. The company plans to cancel these shares as part of a buyback program initiated in November 2024. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value, reflecting strategic financial management.
More about Kainos Group plc
YTD Price Performance: -12.98%
Average Trading Volume: 264,157
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £892.5M
Learn more about KNOS stock on TipRanks’ Stock Analysis page.