Australia's Kinatico gains most in over a month on share buyback

Kinatico

21/09/2026 04:03

** Shares of Australia's KinaticoKYP.AX rise as much as 15.4% to A$0.150, their highest level since August 19
** Know-your-people solutions provider announces on-market share buy-back program
** Adds, co intends to allocate up to A$5 million($3.56 million) to buy up to 43.2 million shares
** Says the company expects to commence buy-back on October 5, 2026, for a period of up to 12 months
** Stock down 54.7% YTD, including sessions' moves
     
     
($1 = 1.4043 Australian dollars)

(Reporting by Shravya Marakini in Bengaluru)
((shravya.marakini@thomsonreuters.com;))