Kingfisher (GB:KGF) has released an update.
Kingfisher PLC, a leading home improvement company, has continued its £300 million share repurchase program, buying back 2,134,451 ordinary shares on July 3, 2024, for cancellation. The shares were acquired through Goldman Sachs International at prices ranging from £2.5170 to £2.5390 per share. This latest transaction is part of Kingfisher’s ongoing effort to enhance shareholder value, as the company has now repurchased a total of 7,010,159 shares in the third tranche of the buyback plan.
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