Kier Group Advances Share Buyback Programme

Kier Group plc ( (GB:KIE) ) has provided an update.

Kier Group plc has announced the purchase of 36,099 of its Ordinary shares as part of a buyback programme initiated in January 2025. This transaction, conducted through Peel Hunt LLP, is part of Kier’s strategy to hold these shares in treasury, impacting the total number of voting rights and potentially influencing shareholder interests under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:KIE) stock is a Buy with a £2.35 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.

The positive corporate events and strong technical analysis support a robust outlook for Kier Group plc, contributing significantly to the overall score. Despite the solid financial performance, potential financial risks are noted due to high leverage. Valuation appears fair, with some income provided by dividends.

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. The company provides specialist design and build capabilities, leveraging the knowledge, skills, and intellectual capital of its people to effectively project manage and integrate all aspects of a project.

Average Trading Volume: 2,083,038

Technical Sentiment Signal: Buy

Current Market Cap: £730.8M

For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.