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Kingfisher ( (GB:KGF) ) just unveiled an announcement.
Kingfisher plc announced that it has repurchased and cancelled 5,000 ordinary shares as part of its ongoing £300 million share repurchase programme, originally announced in September 2023. The transaction, conducted through Goldman Sachs International, is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially enhancing its market positioning by reducing the number of shares outstanding.
More about Kingfisher
Kingfisher plc operates in the retail industry, primarily focusing on home improvement products and services. The company is known for its market presence in Europe, offering a wide range of products for home and garden enhancement.
YTD Price Performance: -1.57%
Average Trading Volume: 6,116,257
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £4.45B
Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.
