Kingfisher (GB:KGF) has released an update.
Kingfisher PLC has commenced the third installment of its share repurchase program, allocating up to £50 million to buy back shares for cancellation by September 16, 2024. This move, part of a larger £300 million repurchase initiative announced previously, aims to reduce the company’s share capital. The repurchases will adhere to market regulations and the company’s authority to buy back shares, with the total number of shares repurchased and cancelled under the program now reaching 42,725,876.
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