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IN BRIEF: Kingfisher completes £50 million tranche of share buyback

ALN

Kingfisher PLC - London-based DIY retailer and B&Q owner - Completes third tranche of its £300 million share buyback programme. BNP Paribas Exane, who undertook the third tranche on Kingfisher’s behalf, buys 20.6 million shares for £50 million. As a result, Kingfisher has now returned £200 million of its £300 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%

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