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Keller Group Expands Treasury Holdings with Share Buyback

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Protect Your Portfolio Against Market Uncertainty

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

Keller Group plc has announced the purchase of 76,491 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at prices ranging from 1,522 to 1,538 pence and will be held in treasury, bringing the total number of treasury shares to 1,172,346. This move is part of Keller’s strategy to manage its capital structure and may influence shareholder calculations regarding voting rights.

The most recent analyst rating on (GB:KLR) stock is a Buy with a £1500.00 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 exhibits strong financial performance and attractive valuation, supported by strategic share buybacks. However, technical indicators suggest caution due to weak momentum. The company’s strong cash flow, profitability, and shareholder-friendly initiatives provide a compelling investment opportunity, although attention to cost management and market trends is advised.

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

More about Keller Group plc

Keller Group plc is the world’s largest geotechnical specialist contractor, offering a wide range of advanced foundation and ground improvement techniques utilized throughout the construction sector. With a workforce of approximately 10,000 employees, Keller operates across five continents, handling around 5,500 projects annually and generating an estimated revenue of £3 billion.

Average Trading Volume: 283,073

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.06B

See more data about KLR stock on TipRanks’ Stock Analysis page.

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