Kingfisher Continues £300m Buyback with Further Share Cancellation

An update from Kingfisher ( (GB:KGF) ) is now available.

Kingfisher plc has continued its £300 million share repurchase programme, confirming that on 8 January 2026 it bought 253,306 ordinary shares for cancellation at a volume-weighted average price of £3.2335 per share. The buyback, executed via Morgan Stanley across multiple trading venues, brings the total number of shares cancelled under the fourth tranche to 12,091,202, on top of nearly 61 million shares already repurchased and cancelled across the first three tranches with Goldman Sachs and BNP Paribas. The ongoing reduction in share count underscores Kingfisher’s focus on returning capital to shareholders and may enhance earnings per share and capital efficiency, signalling confidence in the company’s financial position to investors.

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, selling DIY, building and home improvement products to consumers and trade customers across the UK and Europe.

Average Trading Volume: 6,293,842

Technical Sentiment Signal: Buy

Current Market Cap: £5.48B

For an in-depth examination of KGF stock, go to TipRanks’ Overview page.