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

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

Kingfisher plc has continued execution of its £300 million share repurchase programme, buying back 1,468,315 ordinary shares on 2 February 2026 from Goldman Sachs International for cancellation at a volume-weighted average price of £3.4284. The company has now cancelled more than 4.8 million shares in the fifth tranche of the programme, on top of earlier tranches executed via Goldman Sachs, BNP Paribas and Morgan Stanley, signalling an ongoing commitment to returning capital to shareholders and reducing the company’s share count, which may enhance earnings per share and support the stock’s valuation.

The most recent analyst rating on (GB:KGF) stock is a Hold with a £366.00 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 businesses include chains such as B&Q, Castorama, Brico Dépôt and Screwfix. It focuses on DIY, trade, and home improvement products across key European markets, serving both retail consumers and professional customers.

Average Trading Volume: 5,760,416

Technical Sentiment Signal: Buy

Current Market Cap: £5.73B

Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.