Kingfisher ( (GB:KGF) ) has provided an announcement.
Kingfisher plc has announced the purchase and cancellation of 281,299 ordinary shares as part of its £300 million share repurchase program initiated in September 2023. This transaction, conducted with Goldman Sachs International, is part of the company’s ongoing efforts to enhance shareholder value by reducing the number of outstanding shares, thereby potentially increasing the value of remaining shares.
More about Kingfisher
YTD Price Performance: 6.71%
Average Trading Volume: 5,583,476
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £4.71B
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