Kingfisher Advances Share Buyback Strategy

Kingfisher (GB:KGF) has released an update.

Kingfisher PLC has announced the purchase and cancellation of 762,930 ordinary shares as part of its ongoing £300 million share repurchase program. This strategic move, executed through Goldman Sachs International, comes as a continuation of their efforts to enhance shareholder value. With a volume-weighted average price of £3.0713 per share, Kingfisher has been steadily advancing its buyback initiative since September 2023.

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