Kingfisher plc (GB:KGF) has released an update.
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Kingfisher plc, a prominent UK-based home improvement retailer, has continued its share repurchase program, buying back 198,245 shares on April 19, 2024, for cancellation. The shares were acquired at an average price of £2.4416 each, with the company’s total repurchases now totaling over 3 million shares for the second tranche of the program. This move is part of Kingfisher’s £300 million buyback initiative, aimed at enhancing shareholder value.
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