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Kingfisher ( (GB:KGF) ) just unveiled an announcement.
Kingfisher has continued to execute its previously announced £300 million share repurchase programme, buying back 414,345 ordinary shares for cancellation on 14 January 2026 at a volume-weighted average price of £3.1514 per share. The latest transaction, carried out via Morgan Stanley as an on-exchange trade under London Stock Exchange rules, brings total purchases in the fourth tranche with Morgan Stanley to 14.3 million shares, following earlier tranches executed through Goldman Sachs and BNP Paribas. The ongoing cancellations reduce the company’s share count and can enhance earnings per share, underlining management’s focus on returning capital to shareholders and potentially supporting the stock’s valuation in a competitive European home improvement market.
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 retailer whose primary businesses include the B&Q and Screwfix chains, supplying DIY, trade and building products across the UK and Europe. The group focuses on home improvement and trade customers, operating largely through large-format stores and trade counters, and is a constituent of the London Stock Exchange with a broad retail investor base.
Average Trading Volume: 5,978,030
Technical Sentiment Signal: Buy
Current Market Cap: £5.53B
For a thorough assessment of KGF stock, go to TipRanks’ Stock Analysis page.