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Kingfisher Continues Aggressive Share Buyback
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Kingfisher Continues Aggressive Share Buyback

Kingfisher (GB:KGF) has released an update.

Kingfisher plc, a prominent company traded on the London Stock Exchange, has recently bought back 50,000 of its own shares for cancellation at an average price of £2.6097 per share. This move is part of Kingfisher’s £300 million share repurchase program that was publicized in September 2023. To date, the company has reacquired a significant number of shares across three tranches, consistently reinforcing its commitment to shareholder value.

For further insights into GB:KGF stock, check out TipRanks’ Stock Analysis page.

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