Kingfisher plc (GB:KGF) has released an update.
Kingfisher plc has continued its £300 million share repurchase program, announcing the cancellation of 197,742 ordinary shares acquired from Goldman Sachs International on May 9, 2024. The buy-backs occurred on the London Stock Exchange at an average price of £2.5718 per share, with individual transaction details provided. To date, Kingfisher has bought back a total of 5,768,550 shares under the program’s second tranche, following an earlier purchase of 22,781,508 shares from BNP Paribas Financial Markets.
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