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Kooth ( (GB:KOO) ) has shared an update.
Kooth plc has announced a share buyback program, purchasing 600 of its own ordinary shares at a price of 1.8050 GBP each, which will be held in treasury. This move is part of a broader strategy that may influence the company’s market positioning and stakeholder interests by consolidating voting rights and potentially impacting share value.
More about Kooth
Kooth is a global leader in digital mental well-being, focused on providing accessible and safe spaces for youth mental health through its clinically robust and accredited platform. It offers therapeutic support with no thresholds or waiting lists, holding UK-wide accreditation from the British Association of Counselling and Psychotherapy. The company is also expanding into the US market to address youth mental health needs.
Average Trading Volume: 213,094
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.56M
For detailed information about KOO stock, go to TipRanks’ Stock Analysis page.
