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Kainos Group plc Announces Share Buyback

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Kainos Group plc Announces Share Buyback

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Kainos Group plc ( (GB:KNOS) ) just unveiled an update.

Kainos Group plc, a company involved in the technology and software services industry, has announced a transaction involving the repurchase of its own shares. On March 18, 2025, the company purchased 16,253 ordinary shares at prices ranging from 714.00 to 728.00 pence per share, with a weighted average price of 724.7488 pence. The repurchased shares are intended to be canceled, as part of a buyback program initiated in November 2024. This move is likely aimed at consolidating the company’s share capital and potentially enhancing shareholder value.

More about Kainos Group plc

YTD Price Performance: -10.26%

Average Trading Volume: 259,560

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £899.4M

For detailed information about KNOS stock, go to TipRanks’ Stock Analysis page.

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