Kier Group Enhances Shareholder Value with Continued Share Buyback

Kier Group plc ( (GB:KIE) ) just unveiled an announcement.

Kier Group plc has announced the purchase of 89,000 of its own ordinary shares as part of its ongoing buyback programme initiated in January 2025. This transaction, executed through Peel Hunt LLP, reflects the company’s strategy to manage its capital structure effectively. The shares will be held in treasury, contributing to a total of 1,432,692 shares bought back since the programme’s commencement. This move is likely to impact the company’s share value positively and demonstrates a commitment to returning value to shareholders.

More about Kier Group plc

Kier Group plc is a leading UK construction and infrastructure services company, providing a range of services including building, civil engineering, and property development. The company focuses on delivering projects across various sectors such as education, health, and transportation, aiming to enhance the built environment and support economic growth.

YTD Price Performance: -18.06%

Average Trading Volume: 1,918,263

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £516.1M

See more data about KIE stock on TipRanks’ Stock Analysis page.