Kingfisher plc (GB:KGF) has released an update.
Kingfisher plc, a prominent UK-based home improvement retailer, has recently bought back 200,000 of its own shares on May 10, 2024, as a part of its ongoing £300 million share repurchase initiative. This buyback occurred at a volume-weighted average price of £2.6232 per share, with individual share prices ranging between £2.5950 and £2.6400. To date, Kingfisher has reacquired nearly 6 million shares under the second phase of this program, following a prior purchase of over 22 million shares during the first phase.
For further insights into GB:KGF stock, check out TipRanks’ Stock Analysis page.
