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Kingfisher Advances £300m Buyback with New Tranche of Share Cancellations

Story Highlights
  • Kingfisher repurchased 1.41 million shares on 10 February 2026 as part of its ongoing £300 million buyback, paying an average price of £3.517 per share.
  • Including this latest transaction, Kingfisher has cancelled tens of millions of shares across five buyback tranches, signaling sustained capital returns and potential earnings-per-share enhancement for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingfisher Advances £300m Buyback with New Tranche of Share Cancellations

Meet Samuel – Your Personal Investing Prophet

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

Kingfisher has continued executing its £300 million share repurchase programme, buying 1,410,336 ordinary shares for cancellation on 10 February 2026 at a volume-weighted average price of £3.5170. The shares were acquired from Goldman Sachs International via on-exchange transactions across several venues, including the London Stock Exchange and alternative trading platforms.

With this latest buyback, Kingfisher has now cancelled more than 13.5 million shares in the fifth tranche of the programme, in addition to significant volumes repurchased and cancelled in the first four tranches through Goldman Sachs, BNP Paribas and Morgan Stanley. The ongoing reduction in share count underlines the group’s continued capital return to shareholders and may enhance earnings per share and capital efficiency over time.

The most recent analyst rating on (GB:KGF) stock is a Hold with a £376.00 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 operating multiple banners across Europe, including large-format DIY and trade-focused outlets. The company primarily sells building materials, tools, home renovation products and related services to both consumer and professional customers in mature retail markets.

Average Trading Volume: 5,916,265

Technical Sentiment Signal: Buy

Current Market Cap: £5.87B

See more data about KGF stock on TipRanks’ Stock Analysis page.

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