Kingfisher Advances £300 Million Share Buyback Program

An announcement from Kingfisher ( (GB:KGF) ) is now available.

Kingfisher plc, a prominent company listed on the London Stock Exchange, has executed a share buyback as part of its £300 million repurchase program. On May 23, 2025, the company purchased 185,566 ordinary shares from Goldman Sachs International, with the shares being acquired at an average price of £2.9846 each. This transaction is part of the first tranche of the program, with a total of 332,965 shares purchased to date. The buyback is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and improving the company’s financial metrics.

The most recent analyst rating on (GB:KGF) stock is a Hold with a £265.00 price target. To see the full list of analyst forecasts on Kingfisher stock, see the GB:KGF Stock Forecast page.

Spark’s Take on GB:KGF Stock

According to Spark, TipRanks’ AI Analyst, GB:KGF is a Outperform.

The overall stock score is influenced primarily by strong technical indicators and corporate events. While financial performance shows stability, challenges in revenue and profit growth require attention. The valuation is a concern due to a high P/E ratio, but a solid dividend yield is attractive. The earnings call highlights both achievements and challenges, with strategic buybacks supporting shareholder value.

To see Spark’s full report on GB:KGF stock, click here.

More about Kingfisher

Average Trading Volume: 7,309,110

Technical Sentiment Signal: Strong Buy

Current Market Cap: £5.23B

See more insights into KGF stock on TipRanks’ Stock Analysis page.