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Kier Group plc ( (GB:KIE) ) just unveiled an update.
Kier Group plc announced the purchase of 36,765 of its ordinary shares as part of its ongoing buyback programme, which began in January 2025. The shares were acquired at prices ranging from 207.50 GBp to 209.50 GBp, with a volume-weighted average price of 208.04 GBp. This transaction is part of the company’s strategy to hold shares in treasury, with a total of 5,752,725 shares purchased since the programme’s inception. The buyback programme is expected to impact the company’s share capital structure and could influence shareholder voting rights.
The most recent analyst rating on (GB:KIE) stock is a Buy with a £222.00 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 projects.
Average Trading Volume: 2,050,268
Technical Sentiment Signal: Hold
Current Market Cap: £886.5M
For a thorough assessment of KIE stock, go to TipRanks’ Stock Analysis page.
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