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Kingfisher Advances £300m Buyback With Latest £3.24-a-Share Purchase

Story Highlights
  • Kingfisher continued its £300 million buyback, repurchasing 429,368 shares for cancellation.
  • More than 73 million shares have been cancelled across four tranches, boosting capital returns and EPS.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingfisher Advances £300m Buyback With Latest £3.24-a-Share Purchase

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Kingfisher ( (GB:KGF) ) has shared an announcement.

Kingfisher has continued executing its £300 million share repurchase programme, confirming that it bought 429,368 ordinary shares for cancellation on 9 January 2026 at a volume-weighted average price of £3.2442 per share via Morgan Stanley in on-exchange transactions. The company has now cancelled more than 73 million shares across four tranches executed through Morgan Stanley, Goldman Sachs and BNP Paribas, signalling sustained efforts to return capital to shareholders and enhance earnings per share, which may support the stock’s valuation in a challenging European retail environment.

The most recent analyst rating on (GB:KGF) stock is a Sell with a £255.00 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 retailer whose main businesses include B&Q, Screwfix, Castorama and Brico Dépôt, serving DIY consumers and trade professionals across the UK, Ireland and continental Europe. The group focuses on building materials, tools, décor and related home improvement products, competing with other large European DIY chains and general retailers in a cyclical, housing-linked market.

Average Trading Volume: 6,016,628

Technical Sentiment Signal: Buy

Current Market Cap: £5.5B

For detailed information about KGF stock, go to TipRanks’ Stock Analysis page.

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