tiprankstipranks
Company Announcements

Kainos Group Implements Share Buyback Program

Story Highlights
Kainos Group Implements Share Buyback Program

Discover the Best Stocks and Maximize Your Portfolio:

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

Kainos Group plc has repurchased 40,000 of its ordinary shares at prices ranging from 783 to 814 pence per share, with a weighted average price of 796.9770 pence. This transaction is part of a buyback program announced in November 2024, aiming to cancel the repurchased shares, which may influence the company’s market valuation and shareholder returns.

More about Kainos Group plc

Kainos Group plc operates in the technology sector, providing digital services and platforms primarily in the areas of IT consulting and software development. The company focuses on delivering innovative solutions to various industries, enhancing their digital transformation processes.

YTD Price Performance: -3.46%

Average Trading Volume: 310,721

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £974.6M

For a thorough assessment of KNOS stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1