The latest update is out from Kingfisher ( (GB:KGF) ).
Kingfisher PLC has completed its £300 million share repurchase programme, initially announced in September 2023, aimed at purchasing shares for cancellation. The final tranche, managed by Goldman Sachs International, involved the acquisition of over 30 million shares for £75 million, reflecting Kingfisher’s commitment to enhancing shareholder value and optimizing its capital structure.
More about Kingfisher
Kingfisher PLC operates in the retail industry, focusing on home improvement products and services. The company is known for its wide range of offerings in the home improvement sector, catering to various market segments.
YTD Price Performance: 8.28%
Average Trading Volume: 5,526,105
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £4.71B
For an in-depth examination of KGF stock, go to TipRanks’ Stock Analysis page.