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Kooth ( (GB:KOO) ) has provided an announcement.
Kooth plc has completed its Share Buyback Programme, purchasing a total of 890,718 ordinary shares from Stifel Nicolaus Europe Limited for approximately £1.5 million. The completion of this buyback is part of Kooth’s strategy to consolidate its shareholding and strengthen its financial positioning, enhancing value for its shareholders.
More about Kooth
Kooth is a global leader in the digital mental well-being industry, focusing on providing accessible and safe spaces for youth to achieve better mental health. Their platform offers a range of therapeutic support and interventions and is accredited by the British Association of Counselling and Psychotherapy. Kooth is recognized as the largest single access provider for mental health support for under 18s in the UK, and it is expanding internationally, particularly in the US market.
YTD Price Performance: -11.57%
Average Trading Volume: 122,826
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £60.72M
For a thorough assessment of KOO stock, go to TipRanks’ Stock Analysis page.
