Kingfisher PLC Advances Share Buyback Program
Company Announcements

Kingfisher PLC Advances Share Buyback Program

Kingfisher (GB:KGF) has released an update.

Kingfisher PLC has continued its share repurchase program, buying back 5,000 shares for cancellation at a volume-weighted average price of £3.1173 per share, on October 8, 2024. This recent transaction is part of a larger £300 million buyback initiative, which has seen Kingfisher acquire over 69 million shares across four tranches since the program’s announcement in September 2023. The company’s consistent buyback activity demonstrates its commitment to returning value to its shareholders.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskBlackRock Raises Stake in Kingfisher PLC
TipRanks UK Auto-Generated NewsdeskKingfisher Advances in Share Buyback Program
TipRanks UK Auto-Generated NewsdeskKingfisher Advances Share Buyback Strategy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App