Kier Group plc ( (GB:KIE) ) has issued an update.
Kier Group plc has announced the purchase of 13,329 ordinary shares as part of its ongoing buyback programme, initiated on 21 January 2025. This move, executed through Peel Hunt LLP, brings the total number of shares purchased under the programme to 420,868, which are held in treasury. The buyback is part of Kier’s strategy to manage its capital structure and enhance shareholder value, reflecting confidence in its financial health and market positioning.
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.
YTD Price Performance: -3.10%
Average Trading Volume: 1,585,667
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £617.5M
See more insights into KIE stock on TipRanks’ Stock Analysis page.