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Kingfisher plc Continues Major Share Buyback
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Kingfisher plc Continues Major Share Buyback

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

Kingfisher plc has advanced its £300 million share repurchase program by buying back 200,000 shares for cancellation from Goldman Sachs International on April 18, 2024. The company’s latest transaction involved shares purchased at an average price of £2.4626 each, with the highest and lowest prices being £2.4790 and £2.4500 respectively. To date, the repurchase program has seen Kingfisher acquire nearly 3 million shares from GSI, in addition to over 22 million shares previously bought from BNP Paribas Financial Markets.

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

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