Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Keller Group plc ( (GB:KLR) ).
Keller Group plc has announced the purchase of 16,849 of its ordinary shares as part of its ongoing share buyback program. The shares were acquired at prices ranging from 1,398.00 to 1,412.00 pence, with a weighted average price of 1,409.6156 pence. This transaction increases the company’s treasury holdings to 413,937 shares, while the total number of shares in issue stands at 73,099,735. The 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 demonstrates strong financial performance with robust cash flow and profitability, supported by strategic share buybacks. Despite weak technical indicators, the stock’s attractive valuation and effective capital management strategies make it a compelling investment opportunity.
To see Spark’s full report on GB:KLR stock, click here.
More about Keller Group plc
YTD Price Performance: -2.21%
Average Trading Volume: 150,152
Technical Sentiment Signal: Sell
Current Market Cap: £991.7M
Find detailed analytics on KLR stock on TipRanks’ Stock Analysis page.