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Kingfisher launches £50 million third tranche of share buyback

Source: proactiveinvestors.com

Capital Returns (Dividends / Buybacks)Company FundamentalsConsumer Demand & Retail

Kingfisher has launched the third tranche of its £300 million share-repurchase programme, allocating up to £50 million for share buybacks and cancellation. The B&Q and Screwfix owner appointed Morgan Stanley & Co. to execute the tranche, underscoring its commitment to returning capital to shareholders.

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