Kier Group plc ( (GB:KIE) ) has issued an announcement.
Kier Group plc has announced the purchase of 78,999 of its ordinary shares as part of its ongoing buyback programme, which began in January 2025. This move is part of a broader strategy to manage its share capital, with the company holding these shares in treasury. The total number of shares purchased under the programme now stands at 1,671,615, and the company has 451,203,775 voting rights in issue. This buyback initiative is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Kier Group plc
Kier Group plc is a leading UK infrastructure services, construction, and property group. The company provides specialist design and build capabilities, leveraging the knowledge, skills, and intellectual capital of its people to manage and integrate all aspects of a project.
YTD Price Performance: -15.63%
Average Trading Volume: 1,968,668
Technical Sentiment Signal: Buy
Current Market Cap: £536.2M
For an in-depth examination of KIE stock, go to TipRanks’ Stock Analysis page.