Source - Alliance News

Keller Group PLC - London-based geotechnical engineering firm - Begins multi-year share buyback programme with an initial tranche of £25 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 £29.5 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%

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