Kingfisher Advances Share Buyback Program
Company Announcements

Kingfisher Advances Share Buyback Program

Kingfisher (GB:KGF) has released an update.

Kingfisher PLC has continued its £300 million share repurchase program by buying back 5,000 of its ordinary shares from Goldman Sachs International at an average price of £3.0960 per share. This transaction is part of the fourth tranche of the program, which has seen Kingfisher cancel a significant number of shares to date. This repurchase strategy is aimed at consolidating the company’s share value and returning capital to shareholders.

For further insights into GB:KGF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskKingfisher PLC Seeks London Stock Exchange Listing
TipRanks UK Auto-Generated NewsdeskBlackRock Raises Stake in Kingfisher PLC
TipRanks UK Auto-Generated NewsdeskKingfisher Advances in Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App