Kier Group Enhances Shareholder Value with Continued Buyback Programme

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

Kier Group plc announced the purchase of 74,787 of its Ordinary shares as part of its ongoing buyback programme, which began on 21 January 2025. This move aims to consolidate its share capital and potentially enhance shareholder value. The company now holds a total of 1,343,692 shares in treasury, with 451,531,698 shares in issue, reflecting its strategic financial management and commitment to optimizing its capital structure.

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 ensure comprehensive project management and integration.

YTD Price Performance: -18.06%

Average Trading Volume: 1,918,263

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £516.1M

For detailed information about KIE stock, go to TipRanks’ Stock Analysis page.