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Goldman Sachs To Manage GBP52 Million Of Kingfisher Capital Return

Mon, 11th Apr 2016 06:27

LONDON (Alliance News) - DIY retailer Kingfisher PLC on Monday said it has engaged Goldman Sachs International to manage part of its capital return programme.

Goldman Sachs will buy a maximum of GBP52 million in Kingfisher shares for cancellation by no later than July 25.

In January, Kingfisher announced a capital return programme of GBP600 million over the next three years via share buybacks.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

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