Kingfisher ( (GB:KGF) ) has provided an update.
Kingfisher PLC, a company engaged in a share repurchase program, recently executed a transaction to buy back 500 ordinary shares from Goldman Sachs International. This purchase is part of a larger £300 million share repurchase initiative announced in September 2023. The transaction, conducted on the London Stock Exchange, reflects Kingfisher’s ongoing efforts to manage its capital structure and return value to shareholders. The company has cumulatively repurchased millions of shares across multiple tranches, indicating a significant commitment to this financial strategy.
More about Kingfisher
YTD Price Performance: 5.03%
Average Trading Volume: 5,483,006
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £4.63B
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