Kier Group plc ( (GB:KIE) ) has shared an update.
Kier Group plc announced the purchase of 81,121 Ordinary shares as part of its ongoing buyback programme, which began on 21 January 2025. This transaction, executed through Peel Hunt LLP, is part of Kier’s strategy to hold these shares in treasury, enhancing its financial flexibility and potentially boosting shareholder value. With this purchase, Kier has acquired a total of 1,992,817 shares under the programme, reflecting its commitment to optimizing its capital structure and signaling confidence in its market position.
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 a project.
YTD Price Performance: -12.53%
Average Trading Volume: 2,094,733
Technical Sentiment Signal: Buy
Current Market Cap: £555.5M
For a thorough assessment of KIE stock, go to TipRanks’ Stock Analysis page.