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The latest update is out from Kier Group plc ( (GB:KIE) ).
Kier Group plc has announced the purchase of 64,019 of its Ordinary shares as part of its ongoing buyback programme, which was initially announced in January 2025. The shares were bought at a consistent price of 194.40 GBp each and will be held in treasury. This transaction brings the total number of shares purchased under the programme to over 6 million, impacting the total number of voting rights in the company, which now stands at 446,871,059. This buyback strategy is part of Kier’s efforts to manage its capital structure and potentially enhance shareholder value.
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: 2,012,682
Technical Sentiment Signal: Buy
Current Market Cap: £827.6M
For a thorough assessment of KIE stock, go to TipRanks’ Stock Analysis page.