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Kingfisher Continues £300m Buyback with New Tranche of Share Cancellations

Story Highlights
  • Kingfisher bought 536,212 shares for cancellation on 22 December under its £300m buyback.
  • The retailer has now cancelled over 10.2 million shares in the fourth tranche, reinforcing its focus on shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingfisher Continues £300m Buyback with New Tranche of Share Cancellations

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Kingfisher ( (GB:KGF) ) has provided an update.

Kingfisher plc has continued executing its previously announced £300 million share repurchase programme, confirming that it bought 536,212 ordinary shares for cancellation on 22 December 2025 at a volume-weighted average price of £3.0928 per share via Morgan Stanley as an on-exchange transaction on the London Stock Exchange and other European trading venues. The company has now cancelled over 10.2 million shares in the fourth tranche and tens of millions more across earlier tranches executed with Goldman Sachs and BNP Paribas, further shrinking its share capital base and signalling an ongoing focus on capital returns to shareholders, which may enhance earnings per share and underscore management’s confidence in the group’s financial position.

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 primary operations include selling DIY, trade and home enhancement products through banners such as B&Q and Screwfix. It operates across several European markets, targeting both retail consumers and professional tradespeople seeking building, renovation and maintenance supplies.

Average Trading Volume: 6,629,315

Technical Sentiment Signal: Buy

Current Market Cap: £5.29B

See more insights into KGF stock on TipRanks’ Stock Analysis page.

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