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Kooth ( (GB:KOO) ) has issued an update.
Kooth plc has repurchased 26,646 of its ordinary shares as part of its Share Buyback Programme, which was announced in December 2024. These shares will be held in treasury, impacting the total number of voting rights. This move may enhance shareholder value and indicates Kooth’s strategic focus on optimizing its capital structure amidst its ongoing international expansion efforts.
More about Kooth
Kooth is a global leader in the digital mental well-being sector, focusing on providing accessible mental health support for youth. Their platform offers a range of therapeutic support and interventions, known for its clinical robustness and accreditation by the British Association of Counselling and Psychotherapy. Kooth is recognized as the largest access provider for mental health support for under 18s in the UK and is expanding its presence internationally, particularly in the US market.
YTD Price Performance: -2.20%
Average Trading Volume: 151,842
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £64.74M
Find detailed analytics on KOO stock on TipRanks’ Stock Analysis page.
