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Keller Group Executes Share Buyback to Optimize Capital Structure

Story Highlights
  • Keller Group specializes in geotechnical solutions for global infrastructure projects.
  • Keller Group purchased 29,288 shares to hold in treasury, enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Keller Group Executes Share Buyback to Optimize Capital Structure

TipRanks Black Friday Sale

Keller Group plc ( (GB:KLR) ) has provided an announcement.

Keller Group plc has executed a share buyback program, purchasing 29,288 of its ordinary shares at prices ranging from 1,538 to 1,574 pence. The shares will be held in treasury, increasing the total treasury shares to 2,410,401, with 73,099,735 shares in issue. This move is part of a strategic effort to manage capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:KLR) stock is a Buy with a £1786.00 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 cash flow, is complemented by positive technical indicators and an attractive valuation. The stock’s upward momentum and undervaluation relative to peers make it a compelling investment opportunity.

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

More about Keller Group plc

Keller Group plc operates in the construction and engineering industry, specializing in geotechnical solutions. The company provides services such as ground improvement, foundation installation, and earth retention systems, focusing on infrastructure and building projects globally.

Average Trading Volume: 122,374

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.07B

For an in-depth examination of KLR stock, go to TipRanks’ Overview page.

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