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IN BRIEF: Kingfisher completes GBP50 million tranche of share buyback

28th Apr 2023 09:17

Kingfisher PLC - London-based DIY retailer and B&Q owner - Completes third tranche of its GBP300 million share buyback programme. BNP Paribas Exane, who undertook the third tranche on Kingfisher's behalf, buys 20.6 million shares for GBP50 million. As a result, Kingfisher has now returned GBP200 million of its GBP300 million share repurchase programme.

In March, Kingfisher announced plans for a new share buyback programme following completion of the existing programme this year.

Current stock price: 254.90 pence

12-month change: up 1.0%

By Sophie Rose, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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