Kingfisher advances £300m buyback with further share cancellation

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

Kingfisher has continued to execute its £300 million share repurchase programme, buying back 25,000 ordinary shares for cancellation on 24 February 2026 at a volume-weighted average price of £3.6337. The latest purchase, carried out via Goldman Sachs International on the London Stock Exchange, forms part of the fifth tranche of the programme, under which the retailer has now cancelled 19,013,200 shares to date.

Including previous tranches executed through Goldman Sachs, BNP Paribas and Morgan Stanley, Kingfisher has retired a substantial volume of stock, signaling an ongoing commitment to returning capital to shareholders and managing its capital structure. The continued buybacks may support earnings per share and underscore management’s confidence in the company’s financial position and long-term strategy, with implications for investor value and share liquidity.

The most recent analyst rating on (GB:KGF) stock is a Hold with a £385.00 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, best known for operating chains such as B&Q and Screwfix across key European markets. The company focuses on DIY, trade and home improvement products, serving both consumer and professional customers and is a significant player in the European home improvement retail sector.

Average Trading Volume: 5,912,243

Technical Sentiment Signal: Buy

Current Market Cap: £6.14B

Learn more about KGF stock on TipRanks’ Stock Analysis page.