Kingfisher ( (GB:KGF) ) has provided an update.
Kingfisher plc has executed a share repurchase transaction, buying back 220,000 ordinary shares at an average price of £2.5572 each from Goldman Sachs International. This purchase is part of Kingfisher’s ongoing £300 million share repurchase program, which aims to enhance shareholder value by reducing the number of outstanding shares.
More about Kingfisher
YTD Price Performance: 2.61%
Average Trading Volume: 5,575,682
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £4.51B
Learn more about KGF stock on TipRanks’ Stock Analysis page.