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Kingfisher Advances £300m Buyback With Latest Share Cancellation

Story Highlights
  • Kingfisher is a leading European home improvement retailer serving DIY and trade customers.
  • Kingfisher bought and cancelled 171,456 shares under its £300m buyback, deepening its capital return effort.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingfisher Advances £300m Buyback With Latest Share Cancellation

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

Kingfisher has continued to execute its £300 million share repurchase programme, buying 171,456 ordinary shares for cancellation on 5 January 2026 at a volume-weighted average price of £3.1389 per share via Morgan Stanley as an on-exchange transaction. The company has now cancelled a total of 11,741,074 shares in the fourth tranche of the buyback and, together with earlier tranches executed through Goldman Sachs International and BNP Paribas, has significantly reduced its share count, underscoring an ongoing capital return strategy that may enhance earnings per share and signal management’s confidence in the business to investors.

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 retail group whose primary businesses include DIY and trade-focused chains such as B&Q, Castorama, Brico Dépôt and Screwfix, serving both consumer and professional customers across several European markets. The company operates in the home improvement and building supplies sector, focusing on retailing hardware, tools, building materials and related products through large-format stores and online channels.

Average Trading Volume: 6,291,824

Technical Sentiment Signal: Buy

Current Market Cap: £5.39B

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

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