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Kooth ( (GB:KOO) ) has issued an update.
Kooth PLC announced the repurchase of 28,772 ordinary shares as part of its Share Buyback Programme, with prices ranging from 1.5915 to 1.5950 GBP per share. These repurchased shares will be held in treasury, and the transaction enhances Kooth’s financial strategy, potentially impacting its market positioning positively by demonstrating confidence in its own stock value.
More about Kooth
Kooth is a global leader in youth digital mental well-being, offering accessible and safe spaces for mental health support. Their clinically robust platform provides therapeutic support and interventions, focusing on early intervention and prevention. Kooth holds a UK-wide accreditation from the British Association of Counselling and Psychotherapy, and is the largest provider of mental health support for under 18s in the UK. The company is expanding internationally, targeting the US market due to the growing need for youth mental health services.
YTD Price Performance: -12.12%
Average Trading Volume: 95,480
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £57.93M
Find detailed analytics on KOO stock on TipRanks’ Stock Analysis page.
