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Kingfisher Continues £300m Share Buyback With Further Share Cancellations

Story Highlights
  • Kingfisher cancelled 4,301 shares on 7 January 2026 under its ongoing £300 million buyback programme.
  • Cumulative repurchases across four tranches significantly reduce share count, reinforcing Kingfisher’s capital return strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingfisher Continues £300m Share Buyback With Further Share Cancellations

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

Kingfisher plc has continued executing its £300 million share repurchase programme, cancelling 4,301 ordinary shares on 7 January 2026 at a volume-weighted average price of £3.2233 per share via on-exchange purchases from Morgan Stanley. The transaction brings total repurchases under the fourth tranche with Morgan Stanley to 11,837,896 shares and follows earlier buybacks from Goldman Sachs and BNP Paribas across the first three tranches, underscoring the company’s ongoing capital return strategy and reduction of its share count, which may support earnings per share and signal confidence in its 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 business is selling DIY, home renovation and garden products through multiple retail banners across Europe, with a focus on both consumer and trade customers.

Average Trading Volume: 6,293,842

Technical Sentiment Signal: Buy

Current Market Cap: £5.48B

For detailed information about KGF stock, go to TipRanks’ Stock Analysis page.

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