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Kier Group plc ( (GB:KIE) ) has issued an announcement.
Kier Group plc has executed a buyback program, purchasing 13,287 of its ordinary shares at prices ranging from 145.80 GBp to 146.60 GBp, with an average price of 146.17 GBp. This acquisition is part of a broader initiative announced in January 2025, aimed at enhancing shareholder value. The shares will be held in treasury, and the total number of voting rights in Kier has been updated to reflect these purchases. This move is consistent with regulatory requirements and may impact stakeholders by potentially increasing shareholder value and altering voting power dynamics.
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 skills, knowledge, and intellectual capital of its workforce to manage and integrate all aspects of projects.
YTD Price Performance: 0.94%
Average Trading Volume: 1,830,353
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £643.8M
For an in-depth examination of KIE stock, go to TipRanks’ Stock Analysis page.
