Kingfisher (GB:KGF) has released an update.
Kingfisher PLC, the home improvement company, has announced the purchase of 50,000 of its own ordinary shares for cancellation on July 15, 2024, as a part of its ongoing £300 million share repurchase programme. This latest buyback occurred at prices ranging from £2.6690 to £2.7260 per share, contributing to the aggregate of over 58 million shares bought back under the programme. The repurchase activity underscores Kingfisher’s commitment to returning value to shareholders and managing its capital structure effectively.
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