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Insight Business Support Plc ( (GB:KLSO) ) just unveiled an update.
Kelso Group Holdings Plc announced the repurchase of 1,500,000 ordinary shares, representing approximately 0.3% of its issued shares, at a price of 2.0 pence per share. This transaction, executed through Zeus Capital Limited on the London Stock Exchange, aligns with the authority granted by shareholders and will result in the cancellation of the repurchased shares, impacting the company’s total voting rights.
More about Insight Business Support Plc
Kelso Group Holdings Plc, established in November 2022, operates as an acquisition vehicle focused on identifying and unlocking trapped value in the UK stock market. The company invests in situations where there is a discrepancy between a company’s intrinsic value and its market valuation, particularly targeting businesses where the sum of the parts exceeds the current valuation.
YTD Price Performance: -29.09%
Average Trading Volume: 920,347
Technical Sentiment Signal: Buy
For detailed information about KLSO stock, go to TipRanks’ Stock Analysis page.