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Kier Group Advances Share Buyback Programme

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Kier Group Advances Share Buyback Programme

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The latest announcement is out from Kier Group plc ( (GB:KIE) ).

Kier Group plc announced the purchase of 38,654 of its own ordinary shares as part of its ongoing buyback programme initiated in January 2025. This move brings the total shares purchased under the programme to 6,598,495, with the company holding these shares in treasury. The transaction is part of Kier’s strategy to manage its share capital effectively, potentially enhancing shareholder value and adjusting the number of shares available in the market.

The most recent analyst rating on (GB:KIE) stock is a Buy with a £240.00 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, offering specialist design and build capabilities. The company leverages the knowledge, skills, and intellectual capital of its workforce to manage and integrate all aspects of projects effectively.

Average Trading Volume: 1,524,365

Technical Sentiment Signal: Buy

Current Market Cap: £905.8M

For an in-depth examination of KIE stock, go to TipRanks’ Overview page.

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