tiprankstipranks
Company Announcements

Kier Group Enhances Shareholder Value with Continued Buyback Program

Story Highlights
Kier Group Enhances Shareholder Value with Continued Buyback Program

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

Kier Group plc has announced the purchase of 12,885 of its ordinary shares as part of its ongoing buyback program, initiated on January 21, 2025. This move is part of a broader strategy to manage the company’s share capital and enhance shareholder value, with a total of 329,413 shares purchased since the program’s inception. The shares will be held in treasury, and this transaction aligns with regulatory requirements, potentially impacting the company’s market positioning and shareholder dynamics.

More about Kier Group plc

Kier Group plc is a prominent UK-based company specializing in infrastructure services, construction, and property. The company offers expert design and build capabilities, leveraging the knowledge and skills of its workforce to manage and integrate all aspects of projects effectively.

YTD Price Performance: 2.96%

Average Trading Volume: 1,534,855

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £656.3M

Learn more about KIE stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1