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An update from Kier Group plc ( (GB:KIE) ) is now available.
Kier Group plc announced the purchase of 38,217 of its Ordinary shares as part of its ongoing buyback programme, which commenced on 21 January 2025. The shares were acquired at a volume-weighted average price of 211.48 GBp and will be held in Treasury. This transaction brings the total number of shares purchased under the programme to 6,483,463, with 446,391,927 shares representing the total voting rights in the company. This move is part of Kier’s strategic financial management, potentially impacting shareholder value and market perception.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £225.00 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 people to effectively project manage and integrate all aspects of a project.
Average Trading Volume: 1,645,273
Technical Sentiment Signal: Buy
Current Market Cap: £897.7M
Find detailed analytics on KIE stock on TipRanks’ Stock Analysis page.