Kingfisher plc (GB:KGF) has released an update.
Kingfisher plc has advanced its share repurchase program by buying back 200,000 ordinary shares at an average price of £2.4531 per share, with the highest price at £2.4840 and the lowest at £2.4390. This latest transaction on May 2, 2024, is part of a larger £300 million buyback initiative announced in September 2023. To date, Kingfisher has acquired a total of 4,970,808 shares for cancellation under the program’s second tranche.
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