tiprankstipranks
Company Announcements

Kingfisher PLC Continues Share Repurchase Programme

Story Highlights
Kingfisher PLC Continues Share Repurchase Programme

Discover the Best Stocks and Maximize Your Portfolio:

Kingfisher ( (GB:KGF) ) has provided an announcement.

Kingfisher PLC has announced the repurchase and cancellation of 5,000 ordinary shares as part of its ongoing £300 million share repurchase programme. This move, executed through Goldman Sachs International as part of an on-exchange transaction on the London Stock Exchange, reflects the company’s strategy to manage its capital effectively and enhance shareholder value.

More about Kingfisher

Kingfisher PLC operates in the retail industry, primarily focusing on home improvement products and services. It is known for its market presence across several countries, offering a wide range of products to both professional and DIY customers.

YTD Price Performance: 3.10%

Average Trading Volume: 6,109,020

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £4.56B

For an in-depth examination 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
1