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Kier Group Advances Share Buyback Programme

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Kier Group Advances Share Buyback Programme

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Kier Group plc ( (GB:KIE) ) just unveiled an announcement.

Kier Group plc has announced the purchase of 201,109 of its ordinary shares as part of its ongoing buyback programme initiated in January 2025. This move is part of a broader strategy to manage its share capital, with the company now holding a total of 10,470,667 shares in treasury. The buyback is expected to impact the company’s share capital structure and potentially influence shareholder value, as the total number of voting rights in Kier is now 442,404,723.

The most recent analyst rating on (GB:KIE) stock is a Buy with a £245.00 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 earnings call and financial performance are the primary drivers of its stock score. Positive technical indicators and reasonable valuation further support the score, despite concerns over high leverage.

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 project manage and integrate all aspects of a project.

Average Trading Volume: 1,539,181

Technical Sentiment Signal: Buy

Current Market Cap: £918.9M

Find detailed analytics on KIE stock on TipRanks’ Stock Analysis page.

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