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Kingfisher Cancels Further Shares as £300m Buyback Programme Advances

Story Highlights
  • Kingfisher repurchased 446,392 shares on 12 January 2026 for cancellation under its ongoing £300 million buyback programme.
  • The company has now cancelled over 73 million shares across four tranches, reinforcing its capital-return strategy and potential EPS accretion for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingfisher Cancels Further Shares as £300m Buyback Programme Advances

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The latest update is out from Kingfisher ( (GB:KGF) ).

Kingfisher has continued executing its previously announced £300 million share repurchase programme, buying 446,392 ordinary shares for cancellation on 12 January 2026 at a volume-weighted average price of £3.2416 per share through Morgan Stanley as an on-exchange transaction on various European trading venues. With this latest buyback, the retailer has now cancelled nearly 13 million shares in the fourth tranche of the programme and, together with earlier tranches executed via Goldman Sachs and BNP Paribas, has removed more than 73 million shares from circulation, underscoring its ongoing capital-return strategy and potentially enhancing earnings per share and shareholder value.

The most recent analyst rating on (GB:KGF) stock is a Sell with a £255.00 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 the B&Q and Screwfix chains, serving DIY consumers and trade customers across the UK and continental Europe. The company focuses on building and home improvement products, tools, and related services, operating in a competitive retail market where capital allocation and shareholder returns are key considerations for investors.

Average Trading Volume: 5,956,118

Technical Sentiment Signal: Buy

Current Market Cap: £5.5B

Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.

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