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The latest announcement is out from Kier Group plc ( (GB:KIE) ).
Kier Group plc announced the purchase of 29,423 of its own ordinary shares as part of a buyback program initiated in January 2025. This transaction is part of a broader strategy to manage its share capital, with a total of 4,669,992 shares purchased since the program’s inception. The company intends to hold these shares in treasury, impacting the total number of voting rights and potentially influencing shareholder interests.
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 exhibits a strong financial and technical position, supported by effective cash management and positive stock momentum. While the valuation is reasonable, the high debt level remains a concern. The strategic share buyback program underscores management’s commitment to 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 people to manage and integrate all aspects of a project.
Average Trading Volume: 2,015,089
Technical Sentiment Signal: Hold
Current Market Cap: £854.6M
For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.