16th Jul 2026 10:57
Kingfisher PLC - London-based home improvement products retailer under B&Q, Screwfix, Castorama and Brico Depot brands - Starts a GBP50 million second tranche of GBP300 million share buyback, having completed the GBP75 million first tranche last month. The first tranche of the buyback was run by BNP Paribas SA, but the second tranche will be run by Goldman Sachs International. It starts on Thursday and will be completed by September 15. The repurchased shares will be cancelled. Kingfisher also conducted GBP300 million buybacks in each of the past two years.
Current stock price: 289.30 pence, up 1.4% in London on Thursday
12-month change: up 6.0%
By Tom Waite, Alliance News editor
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