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Keller Group plc ( (GB:KLR) ) just unveiled an announcement.
Keller Group plc has announced the purchase of 28,752 of its ordinary shares as part of its ongoing share buyback program. The shares were bought at prices ranging from 1,386.00 to 1,412.00 pence and will be held in treasury, increasing the total number of treasury shares to 519,235. This move is part of Keller’s strategy to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:KLR Stock
According to Spark, TipRanks’ AI Analyst, GB:KLR is a Outperform.
Keller Group plc scores well due to its strong financial performance and attractive valuation, which are offset by technical indicators suggesting caution. The company’s robust cash flow and strategic share buybacks further support its investment appeal.
To see Spark’s full report on GB:KLR stock, click here.
More about Keller Group plc
YTD Price Performance: -4.83%
Average Trading Volume: 154,770
Technical Sentiment Signal: Sell
Current Market Cap: £985M
Find detailed analytics on KLR stock on TipRanks’ Stock Analysis page.