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The latest announcement is out from Kingfisher ( (GB:KGF) ).
Kingfisher PLC announced the purchase and cancellation of 1,759,401 ordinary shares as part of its £300 million share repurchase program initiated in March 2025. This transaction, conducted with Goldman Sachs International, marks the continuation of the company’s strategic effort to enhance shareholder value and optimize its capital structure. The share buyback is expected to positively impact Kingfisher’s stock value and demonstrate the company’s commitment to returning capital to its shareholders.
The most recent analyst rating on (GB:KGF) stock is a Sell with a £2.85 price target. To see the full list of analyst forecasts on Kingfisher stock, see the GB:KGF Stock Forecast page.
Spark’s Take on GB:KGF Stock
According to Spark, TipRanks’ AI Analyst, GB:KGF is a Neutral.
Kingfisher’s overall stock score reflects a stable financial position and strong earnings call performance, with raised guidance and strategic growth initiatives. However, technical indicators show mixed signals, and valuation metrics suggest potential overvaluation. The subdued market in France and anticipated cost headwinds in H2 are notable risks.
To see Spark’s full report on GB:KGF stock, click here.
More about Kingfisher
Kingfisher PLC operates in the retail industry, focusing primarily on home improvement products and services. The company is known for its market presence in Europe, particularly in the UK and France, where it serves a wide range of customers with its extensive product offerings.
Average Trading Volume: 5,605,217
Technical Sentiment Signal: Strong Buy
Current Market Cap: £5.23B
Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.