tiprankstipranks
Kingfisher Advances Share Buyback Plan
Company Announcements

Kingfisher Advances Share Buyback Plan

Kingfisher (GB:KGF) has released an update.

Kingfisher PLC continues its share repurchase program, announcing the cancellation of 25,000 shares bought from Goldman Sachs International at an average price of £2.7402 per share. This latest transaction is part of Kingfisher’s £300 million share buyback initiative unveiled last September, contributing to the total of over 58 million shares already repurchased for cancellation. The move represents Kingfisher’s ongoing commitment to enhancing shareholder value and capital efficiency.

For further insights into GB:KGF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskKingfisher Advances Share Buyback Programme
TipRanks UK Auto-Generated NewsdeskKingfisher Advances Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!