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Kingfisher PLC Continues Share Repurchase Program

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Kingfisher PLC Continues Share Repurchase Program

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Kingfisher ( (GB:KGF) ) just unveiled an announcement.

Kingfisher PLC has announced the repurchase of 5,000 ordinary shares as part of its ongoing £300 million share repurchase program. The shares were purchased from Goldman Sachs International on 13 February 2025 as an on-exchange transaction on the London Stock Exchange. This action is part of a larger strategy, with Kingfisher having already repurchased significant shares in previous tranches, indicating a concerted effort to enhance shareholder value and optimize capital structure.

More about Kingfisher

YTD Price Performance: 1.65%

Average Trading Volume: 6,206,587

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £4.5B

For an in-depth examination of KGF stock, go to TipRanks’ Stock Analysis page.

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