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Kingfisher Advances £300 Million Share Buyback Programme

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Kingfisher Advances £300 Million Share Buyback Programme

Confident Investing Starts Here:

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

Kingfisher plc, a company involved in a £300 million share repurchase programme, announced the purchase and cancellation of 5,000 ordinary shares from Goldman Sachs International on 16 May 2025. This transaction is part of the first tranche of their buyback initiative, aimed at enhancing shareholder value by reducing the number of shares in circulation.

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.

Kingfisher’s overall stock score reflects a stable financial position with strong technical momentum and shareholder returns. However, challenges in revenue growth and profitability, particularly in international markets, pose significant risks. Valuation metrics suggest a cautious approach, yet the robust dividend yield and share buyback program provide some mitigation.

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

More about Kingfisher

Average Trading Volume: 6,881,300

Technical Sentiment Signal: Strong Buy

Current Market Cap: £5.51B

Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.

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