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Kooth ( (GB:KOO) ) has shared an update.
Kooth plc has announced a share buyback of 25,964 ordinary shares at a price of GBP 1.83 per share from Stifel Nicolaus Europe Limited, as part of its ongoing Share Buyback Programme. The repurchased shares will be held in treasury, impacting the total number of voting rights and signifying a strategic financial maneuver that may influence the company’s market positioning and stakeholder interests.
More about Kooth
Kooth (AIM:KOO) is a global leader in digital mental well-being services, particularly focused on youth. It provides accessible therapeutic support through its clinically robust platform, offering a safeguarded community, professional counselling, and a diverse range of content. Kooth is the largest provider of mental health support for under-18s in the UK and is expanding internationally, with a focus on the US market.
YTD Price Performance: 0.83%
Average Trading Volume: 155,462
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £67.03M
Learn more about KOO stock on TipRanks’ Stock Analysis page.