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Kingfisher Advances Share Repurchase Program with Latest Buyback

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Kingfisher Advances Share Repurchase Program with Latest Buyback

Kingfisher ( (GB:KGF) ) has provided an announcement.

Kingfisher plc announced the purchase and cancellation of 5,000 ordinary shares as part of its ongoing £300 million share repurchase program. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its commitment to returning capital to shareholders.

More about Kingfisher

Kingfisher plc operates in the retail industry, focusing on home improvement products and services. It is known for its market presence in the UK and Europe, offering a wide range of products for home renovation and DIY enthusiasts.

YTD Price Performance: 2.09%

Average Trading Volume: 5,395,545

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £4.52B

Learn more about KGF stock on TipRanks’ Stock Analysis page.

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