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The latest announcement is out from Kier Group plc ( (GB:KIE) ).
Kier Group plc announced the purchase of 34,841 of its own ordinary shares at a price of 182.00 GBp each as part of its ongoing buyback programme initiated in January 2025. This transaction, executed through Peel Hunt LLP, brings the total number of shares repurchased under the programme to 4,334,226, which are held in treasury. The buyback is part of Kier’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to maintaining financial stability and transparency in compliance with regulatory requirements.
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 overall stock score reflects a combination of solid financial performance, strong technical momentum, and positive corporate events. Key strengths include effective cash flow management and strategic stock buybacks. However, the high debt-to-equity ratio and overbought technical indicators suggest caution.
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 workforce to manage and integrate all aspects of projects.
Average Trading Volume: 1,876,906
Technical Sentiment Signal: Buy
Current Market Cap: £766M
Find detailed analytics on KIE stock on TipRanks’ Stock Analysis page.
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