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Keller Group Enhances Capital Structure with Share Buyback

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Keller Group Enhances Capital Structure with Share Buyback

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An announcement from Keller Group plc ( (GB:KLR) ) is now available.

Keller Group plc has announced the purchase of 20,380 of its ordinary shares as part of a share buyback program. This move is part of the company’s strategy to manage its capital structure effectively by holding these shares in treasury, which may impact the company’s stock liquidity and shareholder value.

The most recent analyst rating on (GB:KLR) stock is a Buy with a £1493.00 price target. To see the full list of analyst forecasts on Keller Group plc stock, see the GB:KLR Stock Forecast page.

Spark’s Take on GB:KLR Stock

According to Spark, TipRanks’ AI Analyst, GB:KLR is a Outperform.

Keller Group plc’s strong financial performance, characterized by revenue growth and improved profitability, is a significant positive factor. The stock’s low P/E ratio indicates potential undervaluation, enhancing its attractiveness. However, neutral technical indicators suggest a lack of clear momentum, which slightly tempers the overall score.

To see Spark’s full report on GB:KLR stock, click here.

More about Keller Group plc

Keller Group plc is a company operating in the engineering and construction industry, focusing on providing geotechnical solutions. The company is known for its expertise in ground engineering and offers services that include foundation and structural support systems, primarily targeting infrastructure and construction projects globally.

Average Trading Volume: 130,951

Technical Sentiment Signal: Strong Buy

Current Market Cap: £983.1M

Find detailed analytics on KLR stock on TipRanks’ Stock Analysis page.

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