Kingfisher ( (GB:KGF) ) has issued an announcement.
Kingfisher PLC, a company engaged in a share repurchase program, has announced the purchase and cancellation of 5,000 ordinary shares from Goldman Sachs International as part of its ongoing £300 million share buyback initiative. This transaction, executed on the London Stock Exchange, is part of the fifth tranche of the program, which has seen Kingfisher cancel a significant number of shares to date, potentially enhancing shareholder value by reducing the number of shares outstanding.
More about Kingfisher
YTD Price Performance: -0.80%
Average Trading Volume: 5,564,407
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £4.39B
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