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Kier Group Advances Share Buyback Programme with Latest Purchase

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Kier Group Advances Share Buyback Programme with Latest Purchase

Meet Your ETF AI Analyst

The latest update is out from Kier Group plc ( (GB:KIE) ).

Kier Group plc announced the repurchase of 64,345 of its Ordinary shares as part of its ongoing buyback programme, initiated on 21 January 2025. This transaction, executed through Peel Hunt LLP, is part of a broader strategy to manage the company’s capital structure, with a total of 8,360,361 shares bought back to date. The shares will be held in treasury, and the total number of voting rights in Kier is now 444,515,029. This move reflects Kier’s commitment to enhancing shareholder value and optimizing its financial position.

The most recent analyst rating on (GB:KIE) stock is a Buy with a £258.00 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 technical momentum and positive earnings call are the most significant factors driving the score. Financial performance is solid, though high leverage remains a concern. Valuation is fair, with a reasonable P/E ratio and attractive dividend yield.

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, known for its specialist design and build capabilities. The company leverages the knowledge, skills, and intellectual capital of its workforce to manage and integrate all aspects of projects.

Average Trading Volume: 1,475,277

Technical Sentiment Signal: Buy

Current Market Cap: £912.3M

For a thorough assessment of KIE stock, go to TipRanks’ Stock Analysis page.

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