31st Mar 2025 10:56
Keller Group PLC - London-based geotechnical engineering firm - Begins multi-year share buyback programme with an initial tranche of GBP25 million, split equally between Investec PLC and Ltd and Peel Hunt Ltd. Says programme follows strong 2024 performance and balance sheet strength, with net debt being reduced by 80% year-on-year to GBP29.5 million. Buyback will run through September and complements a 10% dividend increase for 2024. Chief Executive Officer Michael Speakman says the share buyback reflects the "attractive capital allocation options" available to the group.
Current stock price: 1,398.00 pence, up 1.3% in London on Monday
12-month change: up 35%
By Eva Castanedo, Alliance News reporter
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