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Kier Group plc ( (GB:KIE) ) has issued an update.
Kier Group plc announced the purchase of 36,637 of its Ordinary shares as part of its ongoing buyback programme, which was initiated in January 2025. The shares were bought at a volume-weighted average price of 209.64 GBp and will be held in treasury. This transaction brings the total number of shares purchased under the programme to 5,715,960, with 447,159,430 voting rights remaining in circulation. This strategic move is expected to impact the company’s shareholding structure and could influence shareholder interest and market perception.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £210.00 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 workforce to manage and integrate all aspects of a project.
Average Trading Volume: 2,064,023
Technical Sentiment Signal: Hold
Current Market Cap: £878.1M
See more insights into KIE stock on TipRanks’ Stock Analysis page.
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