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Kingfisher ( (GB:KGF) ) has provided an announcement.
Kingfisher plc has continued to execute its previously announced £300 million share repurchase programme, buying back 410,165 ordinary shares for cancellation on 15 January 2026 at a volume-weighted average price of £3.1456 per share through on-exchange transactions arranged with Morgan Stanley. The transaction forms part of the fourth tranche of the buyback, bringing total purchases in this tranche from Morgan Stanley to 14,733,834 shares and following earlier tranches executed through Goldman Sachs International and BNP Paribas, underscoring the retailer’s ongoing capital return strategy and its emphasis on reducing share count to enhance returns for shareholders.
The most recent analyst rating on (GB:KGF) stock is a Hold with a £324.00 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 is driven by strong technical momentum and positive corporate actions like share buybacks. While financial performance is stable, challenges in revenue growth and high valuation metrics slightly offset the positives. The strategic initiatives and improved guidance from the earnings call further support the stock’s outlook.
To see Spark’s full report on GB:KGF stock, click here.
More about Kingfisher
Kingfisher plc is a UK-listed home improvement retail group whose primary businesses include chains such as B&Q, Screwfix and other DIY and trade-focused banners across Europe. The company serves both consumer and professional customers with building materials, tools, decorating products and related home improvement services, competing in a highly competitive retail and e-commerce-driven market.
Average Trading Volume: 5,970,267
Technical Sentiment Signal: Buy
Current Market Cap: £5.4B
For an in-depth examination of KGF stock, go to TipRanks’ Overview page.