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IN BRIEF: Kingfisher begins final tranche of £300 million buyback

ALN

Kingfisher PLC - London-based owner of B&Q, Screwfix and Castorama - Starts on Friday final tranche of £300 million share buyback programme announced back in September 2023. Says the maximum amount allocated for this fifth tranche is £75 million, and it will end no later than March 24. The tranche will be conducted by Goldman Sachs. Kingfisher has repurchased 85.3 million shares so far under the buyback programme.

Current stock price: 238.96 pence

12-month change: up 11%

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