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Kooth ( (GB:KOO) ) has shared an update.
Kooth plc announced the repurchase of 10,000 of its ordinary shares as part of its ongoing Share Buyback Programme. This move is set to impact its share structure by holding the repurchased shares in treasury, thereby potentially increasing shareholder value and reinforcing market confidence in the company’s financial strategy.
More about Kooth
Kooth plc is a global leader in youth digital mental well-being, offering a clinically robust and accredited platform for therapeutic support and interventions. The company focuses on providing accessible mental health services without thresholds or waiting lists, and is noted as the largest single access provider for mental health support for under 18s in the UK. Kooth is also expanding internationally, particularly targeting the US market to address youth mental health needs.
YTD Price Performance: -6.89%
Average Trading Volume: 112,461
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £60.74M
For detailed information about KOO stock, go to TipRanks’ Stock Analysis page.
