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Kingfisher PLC Concludes Share Repurchase Programme
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Kingfisher PLC Concludes Share Repurchase Programme

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Kingfisher ( (GB:KGF) ) just unveiled an update.

Kingfisher PLC has announced the final tranche of its share repurchase program, a strategic move to reduce its share capital. The company has allocated up to £75 million for this tranche, which is part of a broader £300 million commitment to buy back and cancel shares. This initiative, guided by Goldman Sachs International, aligns with regulatory standards and does not involve repurchasing American Depositary Receipts.

More about Kingfisher

YTD Price Performance: -4.14%

Average Trading Volume: 5,817,632

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £4.14B

Find detailed analytics on KGF stock on TipRanks’ Stock Analysis page.

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