Kier Group Advances Share Buyback Program with Latest Purchase

Kier Group plc ( (GB:KIE) ) just unveiled an announcement.

Kier Group plc has announced the purchase of 35,003 of its own ordinary shares at a price of 175 GBp each as part of its ongoing buyback program initiated in January 2025. This move, which brings the total number of shares repurchased to over 4.19 million, is intended to hold these shares in treasury, affecting the total voting rights in the company and potentially impacting shareholder calculations under financial regulations.

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’s strong financial performance and positive corporate events are the primary drivers of the score. Technical analysis indicates bullish momentum, though caution is advised due to overbought signals. While the valuation is fair, the company’s high debt levels suggest a need for careful financial management.

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

More about Kier Group plc

Kier Group plc is a prominent UK-based infrastructure services, construction, and property group. The company offers specialized design and build capabilities, leveraging the expertise and intellectual capital of its workforce to manage and integrate all aspects of projects.

Average Trading Volume: 1,860,828

Technical Sentiment Signal: Buy

Current Market Cap: £730.5M

For an in-depth examination of KIE stock, go to TipRanks’ Stock Analysis page.