Kier Group plc ( (GB:KIE) ) has issued an update.
Kier Group plc announced the purchase of 80,067 of its ordinary shares as part of a buyback program initiated in January 2025. This move, facilitated by Peel Hunt LLP, is part of a broader strategy to manage its capital structure, with the shares intended to be held in treasury. The buyback program reflects Kier’s commitment to optimizing its financial position and potentially enhancing shareholder value.
More about Kier Group plc
Kier Group plc is a leading UK infrastructure services, construction, and property group. The company specializes in providing design and build capabilities, leveraging the expertise and intellectual capital of its workforce to manage and integrate all aspects of projects.
YTD Price Performance: -11.99%
Average Trading Volume: 2,005,203
Technical Sentiment Signal: Buy
Current Market Cap: £559.2M
For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.