IN BRIEF: Kingfisher starts second tranche of buyback programme
24th Jun 2025 09:47
Kingfisher PLC - London-based retail firm focused on home improvement - Commences the second tranche of its GBP300 million share buyback programme, worth a maximum of GBP50 million. The tranche will end no later than September 22. Kingfisher says any shares repurchased will be cancelled as "The purpose of the tranche is to reduce the share capital of the company". Company has engaged BNP Paribas SA to act as principal for the on-sale of shares. Says it has, under the GBP300 million programme, repurchased and cancelled 17.9 million shares to date. Read More