Kingfisher (GB:KGF) has released an update.
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Kingfisher PLC has continued its £300 million share repurchase program by buying back 5,000 of its ordinary shares from Goldman Sachs International at an average price of £3.0960 per share. This transaction is part of the fourth tranche of the program, which has seen Kingfisher cancel a significant number of shares to date. This repurchase strategy is aimed at consolidating the company’s share value and returning capital to shareholders.
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