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Kier Group Enhances Capital Structure with Continued Share Buyback

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Kier Group Enhances Capital Structure with Continued Share Buyback

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The latest update is out from Kier Group plc ( (GB:KIE) ).

Kier Group plc has continued its share buyback program with the purchase of 13,351 ordinary shares on January 31, 2025, at an average price of 150.04 GBp per share. This transaction brings the total number of shares purchased under the program to 94,201, which are held in treasury, and results in a total of 452,875,390 ordinary shares in issue. This move is part of Kier’s strategic financial management aimed at optimizing capital structure and potentially enhancing shareholder value.

More about Kier Group plc

Kier is a leading UK infrastructure services, construction and property group, providing specialist design and build capabilities. The company focuses on leveraging the knowledge, skills, and intellectual capital of its workforce to effectively manage and integrate all aspects of a project.

YTD Price Performance: 0.94%

Average Trading Volume: 1,830,353

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £643.8M

Find detailed analytics on KIE stock on TipRanks’ Stock Analysis page.

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