Kingfisher plc (GB:KGF) has released an update.
Kingfisher plc has continued its share repurchase strategy by buying back 200,000 of its own shares for cancellation on April 25, 2024, as part of a £300 million program initially announced in September 2023. The shares were acquired through Goldman Sachs International on the London Stock Exchange at prices ranging from £2.4550 to £2.5060 per share. This recent transaction is a follow-up to the repurchase of over 26 million shares in previous tranches, reinforcing the company’s commitment to returning value to its shareholders.
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