Kingfisher ( (GB:KGF) ) has issued an announcement.
Kingfisher plc has announced the purchase and cancellation of 5,000 ordinary shares from Goldman Sachs International as part of its ongoing £300 million share repurchase programme. This transaction is part of the fifth tranche of the programme, which aims to enhance shareholder value by reducing the number of shares outstanding, thereby potentially increasing earnings per share and market value.
More about Kingfisher
YTD Price Performance: 0.48%
Average Trading Volume: 5,423,017
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £4.44B
For an in-depth examination of KGF stock, go to TipRanks’ Stock Analysis page.