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Kingfisher PLC Advances Share Repurchase Program

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Kingfisher PLC Advances Share Repurchase Program

The latest announcement is out from Kingfisher ( (GB:KGF) ).

Kingfisher PLC, a leading home improvement retailer, announced the purchase and cancellation of 359,825 ordinary shares as part of its ongoing £300 million share repurchase program. This transaction, conducted with Goldman Sachs International, reflects Kingfisher’s commitment to returning value to shareholders and optimizing its capital structure, potentially enhancing shareholder value and market confidence.

More about Kingfisher

YTD Price Performance: -0.80%

Average Trading Volume: 5,564,407

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £4.39B

Learn more about KGF stock on TipRanks’ Stock Analysis page.

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