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IN BRIEF: Kingfisher completes first tranche of £300 million buyback

ALN

Kingfisher PLC - London-based home improvement products retailer under B&Q, Screwfix, Castorama and Brico Depot brands - Completes £75 million first tranche of £300 million share buyback, started in April. BNP Paribas SA buys back 26.6 million shares for Kingfisher. The second tranche will be announced ‘in due course’, Kingfisher says. The company also conducted £300 million buybacks in each of the past two years.

Current stock price: 284.50 pence, down 1.8% in London early Thursday

12-month change: up 3.8%

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