tiprankstipranks
Kingfisher Continues Share Repurchase Programme
Company Announcements

Kingfisher Continues Share Repurchase Programme

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

An announcement from Kingfisher ( (GB:KGF) ) is now available.

Kingfisher PLC announced that it repurchased 5,000 of its ordinary shares from Goldman Sachs International, continuing its £300 million share repurchase programme initiated in September 2023. This transaction represents part of the fifth tranche, with Kingfisher having repurchased a total of 28,451,198 shares from GSI under this tranche, demonstrating the company’s efforts to enhance shareholder value through strategic buybacks.

More about Kingfisher

YTD Price Performance: -1.53%

Average Trading Volume: 6,099,406

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £4.36B

For a thorough assessment of KGF stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App