Kingfisher completes £50m share repurchase
Kingfisher
247.00p
16:35 26/04/24
-0.04%
-0.10p
Kingfisher confirmed on Wednesday that its programme to purchase Kingfisher shares for cancellation, which it announced on 24 May, has now completed.
FTSE 100
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17:09 26/04/24
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FTSE 350
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16:59 26/04/24
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FTSE All-Share
4,423.59
17:14 26/04/24
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General Retailers
3,910.25
16:59 26/04/24
-0.13%
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The FTSE 100 company said Barclays Capital Securities, which undertook the programme on Kingfisher's behalf, purchased 16,546,878 shares for a total consideration of £50m.
“As a result, Kingfisher has now returned £550m out of the £600m capital return programme announced at the Capital Markets Day in January 2016,” the board said in its short statement.