tiprankstipranks
Company Announcements

Kier Group Executes Share Buyback to Strengthen Treasury Holdings

Story Highlights
Kier Group Executes Share Buyback to Strengthen Treasury Holdings

Discover the Best Stocks and Maximize Your Portfolio:

Kier Group plc ( (GB:KIE) ) has provided an update.

Kier Group plc has executed a buyback program, purchasing 13,287 ordinary shares on 5 February 2025, as part of a broader initiative announced earlier on 21 January 2025. This move, involving Peel Hunt LLP as the broker, aims to hold these shares in treasury, increasing the total shares held to 133,932. The company now has 452,875,390 shares in issue, with a specific focus on maintaining transparency and regulatory compliance, as highlighted by their adherence to the FCA’s Disclosure and Transparency Rules.

More about Kier Group plc

Kier is a leading UK infrastructure services, construction, and property group. It provides specialist design and build capabilities and leverages the knowledge, skills, and intellectual capital of its employees to manage and integrate all aspects of a project.

YTD Price Performance: 0.13%

Average Trading Volume: 1,829,868

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £638.6M

See more insights into KIE stock on TipRanks’ Stock Analysis page.

Related Articles
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