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Kier Group plc ( (GB:KIE) ) has issued an announcement.
Kier Group plc announced the purchase of 10,000 of its own ordinary shares as part of a buyback programme initiated in January 2025. This transaction, executed at a price of 200 GBp per share, brings the total number of shares purchased under the programme to 5,799,270. The company intends to hold these shares in treasury, impacting the total number of voting rights available to shareholders. This strategic move is likely to influence Kier’s market positioning by potentially enhancing shareholder value and adjusting the company’s capital structure.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £222.00 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 events are the primary strengths, although technical indicators reflect some short-term market volatility. The stock’s valuation is reasonable, aligning well with industry norms.
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: 2,056,456
Technical Sentiment Signal: Buy
Current Market Cap: £880M
For a thorough assessment of KIE stock, go to TipRanks’ Stock Analysis page.