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The latest update is out from Kier Group plc ( (GB:KIE) ).
Kier Group plc has announced the purchase of 35,321 of its ordinary shares as part of its ongoing buyback programme. This transaction, executed through Peel Hunt LLP, is part of a larger strategy initiated in January 2025. The company intends to hold these shares in treasury, and the total number of shares purchased under this programme has reached 4,867,731. This move is expected to impact the company’s share structure, with implications for voting rights and shareholder notifications under regulatory rules.
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 shows strong technical momentum and positive corporate actions such as share buybacks, which bolster shareholder value. Solid financial performance is somewhat offset by financial risk due to high leverage. Valuation metrics suggest moderate market expectations, contributing to a balanced outlook.
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 a project.
Average Trading Volume: 1,995,398
Technical Sentiment Signal: Hold
Current Market Cap: £867.1M
For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.