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Kier Group plc ( (GB:KIE) ) has provided an update.
Kier Group plc announced the purchase of 35,878 of its Ordinary shares at a price of 182.20 GBp each as part of its ongoing buyback programme initiated in January 2025. This transaction increases the total number of shares purchased under the programme to 6,211,295, which are held in treasury. The buyback is part of Kier’s strategy to manage its share capital and enhance shareholder value, impacting the total number of voting rights, which now stands at 446,664,095.
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 projects.
Average Trading Volume: 1,972,289
Technical Sentiment Signal: Buy
Current Market Cap: £770.3M
Learn more about KIE stock on TipRanks’ Stock Analysis page.