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Kier Group plc ( (GB:KIE) ) has issued an update.
Kier Group plc announced the purchase of 13,125 of its ordinary shares as part of its buyback programme initiated on 21 January 2025. These shares will be held in treasury, contributing to a total of 39,977 shares repurchased since the programme’s start. This strategic move is intended to manage the company’s capital structure, potentially enhancing shareholder value by consolidating voting rights and optimizing financial flexibility.
More about Kier Group plc
Kier is a leading UK infrastructure services, construction, and property group, providing specialist design and build capabilities, alongside the knowledge, skills, and intellectual capital of its people to manage and integrate all aspects of a project.
YTD Price Performance: -2.56%
Average Trading Volume: 1,922,725
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £629.3M
For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.
