Kingfisher plc (GB:KGF) has released an update.
Kingfisher plc has continued its £300 million share repurchase programme, confirming the buyback of 198,682 ordinary shares on May 13, 2024, for cancellation. This transaction is part of the second tranche of the programme, with shares purchased at a volume weighted average price of £2.6529 each. To date, Kingfisher has bought back over 29 million shares under this scheme, reinforcing the company’s commitment to shareholder returns.
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