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Kier Group Advances Share Buyback Programme

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Kier Group Advances Share Buyback Programme

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An update from Kier Group plc ( (GB:KIE) ) is now available.

Kier Group plc announced the purchase of 72,013 of its Ordinary shares as part of its ongoing buyback programme, with prices ranging from 217.50 GBp to 220.00 GBp. This transaction is part of a larger initiative that has seen the company acquire a total of 10,646,804 shares since the programme’s inception, impacting the total number of voting rights and shares held in treasury, which may influence shareholder interests and company transparency.

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 people to manage and integrate all aspects of a project.

Average Trading Volume: 1,589,894

Technical Sentiment Signal: Buy

Current Market Cap: £913.8M

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

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