Kingfisher PLC - London-based home improvement products retailer - Launches the first GBP75 million tranche of its new GBP300 million share buyback programme. The firm says BNP Paribas SA will conduct the buyback, which will end by June 30. Last month, Kingfisher said it will purchase GBP300 million of its shares for cancellation, after completing another GBP300 million buyback.
Current stock price: 305.30 pence, up 1.7% on Friday morning in London
12-month change: up 23%
By Michael Hennessey, Alliance News reporter
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