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Kier Group Advances Share Buyback Programme

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Kier Group Advances Share Buyback Programme

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Kier Group plc ( (GB:KIE) ) has issued an announcement.

Kier Group plc announced the purchase of 27,293 of its Ordinary shares as part of its ongoing buyback programme, initially announced in January 2025. This transaction, executed through Peel Hunt LLP, is part of Kier’s strategy to hold shares in treasury, with a total of 4,552,151 shares purchased since the programme’s inception. The buyback programme reflects Kier’s commitment to managing its capital structure and providing value to its shareholders, potentially impacting the company’s market positioning and shareholder dynamics.

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 actions, such as share buybacks and managerial share acquisitions, are significant strengths. However, the high valuation and overbought technical indicators suggest caution. The high debt levels also pose a notable risk.

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

Average Trading Volume: 2,134,326

Technical Sentiment Signal: Hold

Current Market Cap: £912.3M

Learn more about KIE stock on TipRanks’ Stock Analysis page.

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