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Kooth ( (GB:KOO) ) has issued an announcement.
Kooth plc announced the purchase of 59,192 of its ordinary shares as part of its Share Buyback Programme, with the transaction brokered by Stifel Nicolaus Europe Limited. This move is part of Kooth’s strategy to manage its capital structure and may influence its market positioning by demonstrating confidence in its own business prospects.
More about Kooth
Kooth is a global leader in youth digital mental well-being, providing a clinically robust and accredited platform for therapeutic support and interventions. The company focuses on early intervention and prevention in mental health, offering accessible services without thresholds or waiting lists. Kooth is the largest provider of mental health support for under 18s in the UK and is expanding into the US market.
YTD Price Performance: -9.92%
Average Trading Volume: 103,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £58.95M
Find detailed analytics on KOO stock on TipRanks’ Stock Analysis page.
