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Kooth ( (GB:KOO) ) just unveiled an update.
Kooth plc has announced the purchase of 15,000 of its own ordinary shares as part of its Share Buyback Programme, at a price of 1.8220 GBP per share. These shares will be held in treasury, and following this transaction, Kooth will have a total of 36,637,916 ordinary shares in issue. This move is a strategic step in managing the company’s capital structure and potentially enhancing shareholder value.
More about Kooth
Kooth plc is a global leader in youth digital mental well-being, offering accessible and safe online spaces for mental health support. Their platform is clinically accredited and provides a variety of therapeutic support and interventions. Kooth is recognized for its comprehensive mental health services, including being the largest single access provider for 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: 154,145
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £68.17M
See more insights into KOO stock on TipRanks’ Stock Analysis page.
