Kingfisher plc (GB:KGF) has released an update.
Kingfisher PLC, a major home improvement company, has recently executed a significant share buyback as part of its £300 million repurchase program, buying back 198,853 shares at an average price of £2.4724 each. This latest transaction is part of the second tranche of the buyback initiative, adding to the millions of shares already repurchased from BNP Paribas Financial Markets. These shares were purchased through Goldman Sachs International in accordance with the London Stock Exchange rules and have been subsequently cancelled, reflecting the company’s ongoing effort to return value to shareholders.
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