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Kier Group Advances Share Buyback Program

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Kier Group Advances Share Buyback Program

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An update from Kier Group plc ( (GB:KIE) ) is now available.

Kier Group plc announced the purchase of 36,764 of its own ordinary shares as part of a buyback program initiated in January 2025. The shares, bought at a consistent price of 168.40 GBp, will be held in treasury, bringing the total number of shares purchased under the program to 3,945,258. This move is part of Kier’s strategy to manage its share capital and potentially enhance shareholder value, with implications for voting rights and shareholder notifications under regulatory rules.

The most recent analyst rating on (GB:KIE) stock is a Buy with a £210.00 price target. To see the full list of analyst forecasts on Kier Group plc stock, see the GB:KIE Stock Forecast page.

Spark’s Take on GB:KIE Stock

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

Kier Group plc shows a strong financial performance with notable revenue growth and effective cash flow management, though its high debt levels are a concern. The stock’s technical indicators suggest potential overbought conditions despite positive momentum. The valuation is fair, supported by a reasonable P/E ratio and attractive dividend yield. Ongoing corporate buyback programs further improve the outlook by enhancing shareholder value.

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

More about Kier Group plc

Kier Group plc is a leading UK infrastructure services, construction, and property group, offering specialist design and build capabilities. The company leverages the knowledge, skills, and intellectual capital of its workforce to manage and integrate all aspects of projects.

Average Trading Volume: 2,032,265

Technical Sentiment Signal: Buy

Current Market Cap: £718.2M

For a thorough assessment of KIE stock, go to TipRanks’ Stock Analysis page.

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