Kingfisher (GB:KGF) has released an update.
Kingfisher plc has continued its share repurchase programme, buying back 50,000 of its own shares for cancellation on July 16, 2024, at an average price of £2.7188 per share. This latest transaction is part of a larger £300 million buyback initiative announced last year, with the company having now reacquired nearly 58.7 million shares in total under the programme. The buyback reflects Kingfisher’s ongoing commitment to shareholder value and capital management.
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