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IN BRIEF: Kingfisher completes third of £300 million share buyback

ALN

Kingfisher PLC - London-based do-it-yourself retailer with B&Q, Screwfix, Castorama and Brico Depot stores in UK, Ireland and France - Completes second tranche of £300 million share buyback programme launched back in September. Goldman Sachs International bought back 19.9 million shares on behalf of Kingfisher, spending £50 million in total. Kingfisher now has completed £100 million of the £300 million programme. The company says details about the third tranche will be announced ‘in due course’.

Current stock price: 258.10 pence

12-month change: up 8.0%

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