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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

Confident Investing Starts Here:

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

Kier Group plc has announced the purchase of 31,129 of its Ordinary shares as part of its ongoing buyback programme, initiated in January 2025. This move is part of Kier’s strategy to manage its share capital effectively, with the purchased shares intended to be held in treasury. Following this transaction, Kier has acquired a total of 4,524,858 shares under the programme, impacting the total number of voting rights and potentially affecting shareholder notifications under regulatory rules.

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 has a strong financial performance with robust revenue growth and effective cash flow management. Positive corporate events, including share buybacks and strategic leadership appointments, bolster shareholder value. However, technical indicators suggest the stock might be overbought, and valuation metrics indicate potential overpricing compared to industry standards.

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 offers 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: 2,037,442

Technical Sentiment Signal: Buy

Current Market Cap: £830.3M

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

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