Kingfisher plc (GB:KGF) has released an update.
Kingfisher plc, a prominent UK home improvement company, has recently advanced its share repurchase initiative by buying back 200,000 of its own shares on April 16, 2024, for cancellation. The buyback, executed through Goldman Sachs International, is part of a larger £300 million share repurchase programme unveiled last September. With this latest transaction, Kingfisher has cumulatively reacquired over 2.5 million shares under the programme’s second tranche, demonstrating the company’s ongoing commitment to returning value to its shareholders.
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