Kingfisher Continues Major Share Buyback

Kingfisher (GB:KGF) has released an update.

Kingfisher PLC has continued its share repurchase program by buying back 2,456,541 shares at an average price of £2.5854 each for cancellation. This latest transaction is part of the company’s £300 million share repurchase initiative, which has resulted in the cancellation of over 53 million shares to date. The buyback on 05 July 2024 was conducted through various trading venues, with prices ranging from £2.5660 to £2.6000 per share.

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