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Kingfisher PLC - London-based retail firm focused on home improvement - Commences the second tranche of its £300 million share buyback programme, worth a maximum of £50 million. The tranche will end no later than September 22. Kingfisher says any shares repurchased will be cancelled as ‘The purpose of the tranche is to reduce the share capital of the company’. Company has engaged BNP Paribas SA to act as principal for the on-sale of shares. Says it has, under the £300 million programme, repurchased and cancelled 17.9 million shares to date. Current stock price: 276.30 pence, up 1.7% on Tuesday in London 12-month change: up 12% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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