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Keller Group Executes Share Buyback Program

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Keller Group Executes Share Buyback Program

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Keller Group plc ( (GB:KLR) ) has shared an update.

Keller Group plc has executed a share buyback program, purchasing 28,906 of its ordinary shares at prices ranging from 1,524.00 to 1,544.00 pence per share. This move is part of a strategic initiative to hold shares in treasury, potentially enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (GB:KLR) stock is a Buy with a £1493.00 price target. To see the full list of analyst forecasts on Keller Group plc stock, see the GB:KLR Stock Forecast page.

Spark’s Take on GB:KLR Stock

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

Keller Group plc’s strong financial performance, characterized by revenue growth and improved profitability, is a significant positive factor. The stock’s low P/E ratio indicates potential undervaluation, enhancing its attractiveness. However, neutral technical indicators suggest a lack of clear momentum, which slightly tempers 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 focuses on providing ground engineering services and products to a diverse range of markets globally.

Average Trading Volume: 125,363

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.07B

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

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