Kier Group plc ( (GB:KIE) ) has shared an announcement.
Kier Group plc has announced the purchase of 82,054 of its ordinary shares as part of its ongoing buyback program, initiated on January 21, 2025. This strategic move, executed through Peel Hunt LLP, aims to hold the purchased shares in treasury, bringing the total number of shares bought back to 2,237,005. The buyback program is designed to optimize the company’s capital structure and potentially enhance shareholder value, reflecting Kier’s commitment to maintaining a robust financial position.
More about Kier Group plc
Kier Group plc is a prominent UK-based company specializing in infrastructure services, construction, and property. The company offers expert design and build capabilities, leveraging the skills and intellectual capital of its workforce to manage and integrate all aspects of a project.
YTD Price Performance: -13.61%
Average Trading Volume: 2,152,955
Technical Sentiment Signal: Strong Buy
Current Market Cap: £543.4M
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