Kingfisher Continues £300m Buyback With Further Share Cancellation

Kingfisher ( (GB:KGF) ) just unveiled an announcement.

Kingfisher plc has continued to execute its previously announced £300 million share repurchase programme, buying back 92,521 ordinary shares on 6 January 2026 from Morgan Stanley & Co. International via on-exchange transactions on multiple European trading venues at a volume-weighted average price of £3.1844 per share, for cancellation. The company has now repurchased a total of 11,833,595 shares in the fourth tranche of the programme and, together with earlier tranches executed through Morgan Stanley, Goldman Sachs International and BNP Paribas, has significantly reduced its share count, signalling ongoing capital returns to shareholders and active balance sheet management that may enhance earnings per share and support its equity valuation.

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 retailer whose principal business is selling DIY, home renovation and trade building products through chains such as B&Q, Castorama, Brico Dépôt and Screwfix, with a primary market focus across the UK and continental Europe.

Average Trading Volume: 6,296,973

Technical Sentiment Signal: Buy

Current Market Cap: £5.44B

Learn more about KGF stock on TipRanks’ Stock Analysis page.