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Keller Group plc ( (GB:KLR) ) has shared an update.
Keller Group plc has announced the purchase of 24,024 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at prices ranging from 1,464 to 1,488 pence, with a weighted average price of 1,476.5291 pence. These shares will be held in treasury, increasing the company’s treasury shares to 2,321,543, while the total number of shares in issue remains at 73,099,735. This move is part of Keller’s strategy to manage its 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
Average Trading Volume: 119,178
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.03B
For detailed information about KLR stock, go to TipRanks’ Stock Analysis page.