Keller Group Executes Share Buyback Program

An update from Keller Group plc ( (GB:KLR) ) is now available.

Keller Group plc has executed a share buyback program, purchasing 66,348 of its ordinary shares at prices ranging from 1,434 to 1,460 pence per share. This move is part of a previously announced strategy to manage its capital structure, potentially enhancing shareholder value by holding these shares in treasury. The total number of voting rights in the company is now 72,241,260, which stakeholders can use for regulatory compliance purposes.

Spark’s Take on GB:KLR Stock

According to Spark, TipRanks’ AI Analyst, GB:KLR is a Outperform.

Keller Group’s strong financial performance and attractive valuation are key strengths. The strategic share buyback program further enhances shareholder value. However, technical indicators suggest caution with weak stock momentum, slightly impacting the overall score.

To see Spark’s full report on GB:KLR stock, click here.

More about Keller Group plc

Keller Group plc operates in the engineering and construction industry, specializing in geotechnical solutions. The company provides a range of services including ground improvement, foundation support, and earth retention systems, focusing on infrastructure and building projects across global markets.

YTD Price Performance: -0.14%

Average Trading Volume: 227,639

Technical Sentiment Signal: Strong Sell

Current Market Cap: £1.02B

Learn more about KLR stock on TipRanks’ Stock Analysis page.