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Keller Group Expands Share Buyback Program

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Keller Group Expands Share Buyback Program

Meet Your ETF AI Analyst

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

Keller Group plc has announced the purchase of 19,194 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Investec Bank plc, is intended to hold the shares in treasury, thereby impacting the company’s share capital structure by increasing the total number of treasury shares to 2,224,239. This move is part of Keller’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:KLR) stock is a Buy with a £1786.00 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 cash flow, is complemented by positive technical indicators and an attractive valuation. The stock’s upward momentum and undervaluation relative to peers make it a compelling investment opportunity.

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

More about Keller Group plc

Keller Group plc operates in the engineering and construction industry, specializing in geotechnical solutions. The company focuses on providing ground engineering services and products to a wide range of markets, including infrastructure, industrial, and residential sectors.

Average Trading Volume: 113,535

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.09B

Learn more about KLR stock on TipRanks’ Stock Analysis page.

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