Kingfisher (GB:KGF) has released an update.
Kingfisher PLC announced it has repurchased 497,810 shares at an average price of £3.1457 each, as part of its £300 million share buyback program. This transaction reflects the company’s continued commitment to enhancing shareholder value by reducing the number of shares in circulation. To date, Kingfisher has acquired over 18 million shares in this latest tranche of the program.
For further insights into GB:KGF stock, check out TipRanks’ Stock Analysis page.
