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Kingfisher Continues Major Share Buyback
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Kingfisher Continues Major Share Buyback

Kingfisher plc (GB:KGF) has released an update.

Kingfisher plc advanced its share buyback program by purchasing 199,557 shares for cancellation on April 22, 2024, contributing to the overall target of a £300 million repurchase initiative previously announced. With this latest transaction, the company has acquired a total of 3,374,369 shares from Goldman Sachs International, in addition to 22,781,508 shares bought from BNP Paribas in the first tranche. The repurchase was executed on the London Stock Exchange with prices per share ranging between £2.4610 and £2.5030.

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

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