Kier Group Enhances Share Buyback Programme

Kier Group plc ( (GB:KIE) ) just unveiled an update.

Kier Group plc announced the purchase of 37,301 of its Ordinary shares as part of its ongoing buyback programme, initiated on 21 January 2025. The company intends to hold these shares in treasury, which contributes to a total of 5,629,672 shares purchased under the programme. This strategic move is likely aimed at consolidating the company’s share value and optimizing its capital structure, potentially impacting shareholder value 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 people to manage and integrate all aspects of a project.

Average Trading Volume: 2,072,264

Technical Sentiment Signal: Hold

Current Market Cap: £888.9M

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