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Kingfisher Continues Share Repurchase Programme

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Kingfisher Continues Share Repurchase Programme

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An announcement from Kingfisher ( (GB:KGF) ) is now available.

Kingfisher PLC announced that it repurchased 5,000 of its ordinary shares from Goldman Sachs International, continuing its £300 million share repurchase programme initiated in September 2023. This transaction represents part of the fifth tranche, with Kingfisher having repurchased a total of 28,451,198 shares from GSI under this tranche, demonstrating the company’s efforts to enhance shareholder value through strategic buybacks.

More about Kingfisher

YTD Price Performance: -1.53%

Average Trading Volume: 6,099,406

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £4.36B

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

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