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Kingfisher ( (GB:KGF) ) has shared an announcement.
Kingfisher PLC has successfully completed the purchase and cancellation of 2,297,925 of its ordinary shares, as part of its ongoing £300 million share repurchase programme initiated in September 2023. This transaction, executed through Goldman Sachs International, marks the completion of the fifth tranche of the programme, reflecting Kingfisher’s strategic efforts to enhance shareholder value by reducing the number of shares in circulation.
More about Kingfisher
Kingfisher PLC operates in the retail industry, focusing on home improvement products and services. The company is known for its market presence across several countries, offering a wide range of DIY products and solutions to consumers.
YTD Price Performance: -2.33%
Average Trading Volume: 5,773,248
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £4.38B
Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.
