Kingfisher (GB:KGF) has released an update.
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Kingfisher PLC has announced the purchase of 5,000 of its own shares for cancellation at an average price of £3.1173 each, as part of its ongoing £300 million share repurchase program. This latest transaction is part of the fourth tranche of the program, which has seen Kingfisher buy back millions of its shares from various financial institutions. The buyback activity underscores Kingfisher’s commitment to returning value to its shareholders.
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