Kingfisher (GB:KGF) has released an update.
Kingfisher PLC has continued its £300 million share repurchase initiative by buying back 25,000 of its ordinary shares for cancellation at an average price of £2.7823 each. This latest transaction, completed with Goldman Sachs International, is part of the ongoing third tranche of the company’s buyback program. To date, Kingfisher has acquired over 58 million shares for cancellation under the current repurchase scheme.
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