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

Story Highlights
  • Kingfisher bought 443,961 shares for cancellation on 2 January 2026.
  • The retailer has cancelled about 72 million shares across four tranches of its £300m buyback, signalling continued focus on capital returns and EPS accretion.
  • 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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An announcement from Kingfisher ( (GB:KGF) ) is now available.

Kingfisher plc has continued to execute its £300 million share repurchase programme, confirming that on 2 January 2026 it bought 443,961 ordinary shares for cancellation at a volume-weighted average price of £3.1367 per share via Morgan Stanley as an on-exchange transaction. The group has now acquired a total of 11.6 million shares in the fourth tranche of the programme from Morgan Stanley, in addition to roughly 60 million shares already cancelled under earlier tranches executed through Goldman Sachs and BNP Paribas, underscoring management’s ongoing commitment to returning capital and enhancing earnings per share through a reduced share count.

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 B&Q and Screwfix, serving DIY consumers and trade professionals across key European markets. The company focuses on building leadership positions in home improvement through multi-channel retail formats and disciplined capital allocation, including regular returns of surplus cash to shareholders.

Average Trading Volume: 6,291,824

Technical Sentiment Signal: Buy

Current Market Cap: £5.39B

For a thorough assessment of KGF stock, go to TipRanks’ Stock Analysis page.

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