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Kingfisher ( (GB:KGF) ) just unveiled an update.
Kingfisher PLC has announced the final tranche of its share repurchase program, a strategic move to reduce its share capital. The company has allocated up to £75 million for this tranche, which is part of a broader £300 million commitment to buy back and cancel shares. This initiative, guided by Goldman Sachs International, aligns with regulatory standards and does not involve repurchasing American Depositary Receipts.
More about Kingfisher
YTD Price Performance: -4.14%
Average Trading Volume: 5,817,632
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.14B
Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.
