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Kier Group Executes Share Buyback as Part of Strategic Programme

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Kier Group Executes Share Buyback as Part of Strategic Programme

Elevate Your Investing Strategy:

Kier Group plc ( (GB:KIE) ) has shared an announcement.

Kier Group plc has executed a share buyback transaction, purchasing 35,619 of its ordinary shares at a price of 202.25 GBp each as part of its ongoing buyback programme initiated in January 2025. This strategic move is aimed at consolidating its share capital, potentially enhancing shareholder value and indicating confidence in the company’s future prospects.

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 stock score is driven by strong technical analysis indicators and effective corporate strategies like share buybacks, which enhance shareholder value. While the financial performance shows solid growth, the high debt-to-equity ratio remains a concern. The valuation metrics are mixed, with a moderate P/E ratio and an unusually high dividend yield, which requires further investigation.

To see Spark’s full report on GB:KIE stock, click here.

More about Kier Group plc

Kier is a leading UK infrastructure services, construction, and property group, providing specialist design and build capabilities along with project management and integration expertise.

Average Trading Volume: 1,982,032

Technical Sentiment Signal: Hold

Current Market Cap: £867.1M

See more data about KIE stock on TipRanks’ Stock Analysis page.

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