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Kingfisher ( (GB:KGF) ) has issued an announcement.
Kingfisher PLC, a prominent company, has announced its recent share repurchase activity. On January 27, 2025, the company bought back and canceled over 2.8 million ordinary shares from Goldman Sachs International as part of its ongoing £300 million share repurchase program. This move is part of Kingfisher’s strategic effort to enhance shareholder value. To date, the company has repurchased a significant number of shares in various tranches, reflecting its commitment to optimizing its capital structure and delivering returns to its investors.
More about Kingfisher
YTD Price Performance: -4.14%
Average Trading Volume: 5,999,974
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.35B
Learn more about KGF stock on TipRanks’ Stock Analysis page.
