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Kooth ( (GB:KOO) ) has shared an announcement.
Kooth plc has initiated a share buyback program, purchasing 10,000 of its ordinary shares on the London Stock Exchange at a consistent price of 1.83 GBP each, with the shares being held in treasury. This move is part of Kooth’s broader financial strategy, potentially strengthening its market position and signaling confidence in its future growth to stakeholders.
More about Kooth
Kooth plc is a global leader in youth digital mental well-being, providing accessible and safe spaces for better mental health. The platform offers a range of therapeutic support and interventions, with easy access for early intervention and prevention. Kooth is recognized for its UK-wide accreditation from the British Association of Counselling and Psychotherapy and is the largest single access provider for mental health support for under 18s in the UK. The company is also focusing on international expansion, particularly in the US market, to address youth mental health needs.
YTD Price Performance: 0.83%
Average Trading Volume: 155,091
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £67.05M
Learn more about KOO stock on TipRanks’ Stock Analysis page.
