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Kingfisher ( (GB:KGF) ) has provided an announcement.
Kingfisher has continued to execute its £300 million share repurchase programme, buying 1.2 million ordinary shares for cancellation on 12 February 2026 at a volume-weighted average price of £3.5575. The latest buyback, conducted via Goldman Sachs International across multiple trading venues, reflects the retailer’s ongoing effort to return capital to shareholders and reduce its share count.
Including this latest transaction, Kingfisher has now cancelled more than 16.3 million shares in the fifth tranche of the programme and previously cancelled substantial volumes across four earlier tranches executed with several investment banks. The sustained pace of repurchases underlines management’s confidence in the company’s financial position and may support earnings per share, offering potential benefits to existing investors over time.
The most recent analyst rating on (GB:KGF) stock is a Hold with a £381.00 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 main businesses include chains such as B&Q, Castorama and Screwfix. The company focuses on DIY, trade and home renovation products across key European markets, positioning itself as a major player in the home improvement and building supplies sector.
Average Trading Volume: 5,868,678
Technical Sentiment Signal: Buy
Current Market Cap: £5.94B
See more data about KGF stock on TipRanks’ Stock Analysis page.