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IN BRIEF: Kingfisher buys GBP50 million in shares during third tranche

13th Sep 2024 08:49

Kingfisher PLC - London-based home improvement company - Completes third tranche of GBP300 million share buyback and cancellation programme as announced on September 19. On behalf of the company, Goldman Sachs Group Inc purchased 18.6 million shares for a total consideration of GBP50 million. Kingfisher has now returned GBP150 million and will begin a fourth tranche in due course.

Current stock price: 283.30 pence, up 1.3% in London on Friday morning

12-month change: up 22%

By Elijah Dale, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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