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Kingfisher Advances Buyback with New Share Cancellation

Kingfisher Advances Buyback with New Share Cancellation

Kingfisher (GB:KGF) has released an update.

Kingfisher PLC recently purchased 5,000 of its own shares for cancellation as part of a large £300 million share repurchase program, at a volume weighted average price of £2.8427 per share. This buyback occurred on August 29, 2024, and is the latest in a series that has seen Kingfisher acquire over 59 million shares for cancellation. The transaction was executed on the London Stock Exchange, reinforcing the company’s commitment to shareholder value.

For further insights into GB:KGF stock, check out TipRanks’ Stock Analysis page.

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