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Kainos Group plc ( (GB:KNOS) ) has shared an announcement.
Kainos Group plc, a company involved in the technology sector, has announced a share buyback transaction where it purchased 29,126 of its ordinary shares through Investec Bank plc at prices ranging from 753 to 765 pence per share, with a weighted average price of 759.1724 pence. The company intends to cancel these shares, which is part of a previously announced buyback program. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Kainos Group plc
YTD Price Performance: -5.81%
Average Trading Volume: 280,749
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £948.1M
See more insights into KNOS stock on TipRanks’ Stock Analysis page.