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Kingfisher ( (GB:KGF) ) has issued an update.
Kingfisher plc, a prominent player in its industry, has announced the purchase and cancellation of 2,661,964 ordinary shares as part of its £300 million share repurchase program. This transaction, executed through Goldman Sachs International, signifies Kingfisher’s commitment to enhancing shareholder value and optimizing its capital structure, having now canceled a significant number of shares across multiple tranches of the program.
More about Kingfisher
YTD Price Performance: -2.37%
Average Trading Volume: 5,979,826
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.35B
Learn more about KGF stock on TipRanks’ Stock Analysis page.
