Kier Group plc ( (GB:KIE) ) has provided an announcement.
Kier Group plc has announced the purchase of 81,044 of its own ordinary shares as part of a buyback programme initiated on January 21, 2025. This transaction, executed through Peel Hunt LLP, is part of a broader strategy to hold shares in treasury, with a total of 2,154,951 shares purchased since the programme’s start. This move is likely aimed at optimizing capital structure and potentially enhancing shareholder value, reflecting Kier’s strategic financial management efforts.
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 a project.
YTD Price Performance: -13.61%
Average Trading Volume: 2,152,955
Technical Sentiment Signal: Buy
Current Market Cap: £543.4M
For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.