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Kingfisher ( (GB:KGF) ) just unveiled an update.
Kingfisher PLC announced the repurchase of 1,410,675 ordinary shares as part of its ongoing £300 million share buyback program. This transaction, executed with Goldman Sachs International, reflects Kingfisher’s commitment to returning value to shareholders and optimizing its capital structure, potentially enhancing shareholder value and signaling confidence in the company’s financial stability.
More about Kingfisher
Kingfisher PLC is a company operating in the retail industry, primarily known for its home improvement products and services. The company focuses on the UK and European markets, offering a wide range of DIY products and solutions.
YTD Price Performance: -2.33%
Average Trading Volume: 5,773,248
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £4.38B
For detailed information about KGF stock, go to TipRanks’ Stock Analysis page.
